Midnight Sun Mining Corp. (CVE:MMA – Get Free Report)’s stock price rose 1.6% on Thursday . The stock traded as high as C$0.63 and last traded at C$0.63. Approximately 112,200 shares traded hands during trading, a decline of 39% from the average daily volume of 182,627 shares. The stock had previously closed at C$0.62.
Midnight Sun Mining Stock Performance
The company has a current ratio of 38.15, a quick ratio of 3.91 and a debt-to-equity ratio of 1.57. The company has a market capitalization of C$97.69 million, a PE ratio of -59.00 and a beta of 0.93. The firm’s 50-day simple moving average is C$0.51 and its 200-day simple moving average is C$0.45.
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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