Midnight Sun Mining Corp. (CVE:MMA – Get Free Report)’s share price shot up 20.8% on Wednesday . The company traded as high as C$0.67 and last traded at C$0.64. 1,419,364 shares changed hands during trading, an increase of 502% from the average session volume of 235,792 shares. The stock had previously closed at C$0.53.
Midnight Sun Mining Stock Performance
The company has a debt-to-equity ratio of 1.57, a current ratio of 38.15 and a quick ratio of 3.91. The firm has a market capitalization of C$107.62 million, a price-to-earnings ratio of -65.00 and a beta of 0.93. The firm has a 50 day moving average price of C$0.52 and a 200-day moving average price of C$0.45.
Midnight Sun Mining Company Profile
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.
Read More
- Five stocks we like better than Midnight Sun Mining
- Investing in Travel Stocks Benefits
- 3 Steel Stocks Soaring After Tariff Announcements
- What is Insider Trading? What You Can Learn from Insider Trading
- Top Analysts’ Picks for 2025: 3 of Morgan Stanley’s Favorites
- What to Know About Investing in Penny Stocks
- Why Salesforce Stock Could Be at Fresh Highs by February
Receive News & Ratings for Midnight Sun Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Midnight Sun Mining and related companies with MarketBeat.com's FREE daily email newsletter.
