Shares of Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) traded up 1.6% during trading on Thursday . The stock traded as high as C$0.63 and last traded at C$0.63. 112,200 shares changed 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 Stock Down 6.3 %
The firm has a fifty day moving average price of C$0.51 and a 200 day moving average price of C$0.45. The firm has a market capitalization of C$97.69 million, a price-to-earnings ratio of -59.00 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.
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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