Midnight Sun Mining Corp. (CVE:MMA – Get Free Report)’s stock price hit a new 52-week high on Monday . The stock traded as high as C$0.60 and last traded at C$0.57, with a volume of 765296 shares changing hands. The stock had previously closed at C$0.59.
Midnight Sun Mining Trading Down 6.9 %
The stock has a market cap of C$89.41 million, a PE ratio of -54.00 and a beta of 0.93. The company has a debt-to-equity ratio of 1.57, a quick ratio of 3.91 and a current ratio of 38.15. The firm has a 50-day moving average price of C$0.45 and a 200-day moving average price of C$0.42.
About Midnight Sun Mining
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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