Midnight Sun Mining Corp. (CVE:MMA - Get Free Report)'s stock price traded up 1.6% during mid-day trading on Thursday . The company traded as high as C$0.63 and last traded at C$0.63. 112,200 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 182,627 shares. The stock had previously closed at C$0.62.
Midnight Sun Mining Price Performance
The firm has a market capitalization of C$104.31 million, a P/E ratio of -63.00 and a beta of 0.93. The company has a quick ratio of 3.91, a current ratio of 38.15 and a debt-to-equity ratio of 1.57. The business's 50 day moving average is C$0.50 and its 200-day moving average is C$0.45.
Midnight Sun Mining Company Profile
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Midnight Sun Mining Corp. engages in the acquisition and exploration of mineral properties in Africa. The company primarily explores for copper, cobalt, nickel, and gold deposits. It owns a 60% interest in the Solwezi licenses located in Zambia. The company was formerly known as Midnight Sun Capital Corporation and changed its name to Midnight Sun Mining Corp.
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