Shares of Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) were up 1.6% during trading on Thursday . The stock traded as high as C$0.63 and last traded at C$0.63. Approximately 112,200 shares changed 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 Trading Up 1.6 %
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 firm’s 50-day moving average price is C$0.50 and its 200 day moving average price is C$0.45. The company has a market cap of C$104.31 million, a price-to-earnings ratio of -63.00 and a beta of 0.93.
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.
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