Midnight Sun Mining Corp. (CVE:MMA – Get Free Report)’s share price fell 9.1% during mid-day trading on Tuesday . The company traded as low as C$0.66 and last traded at C$0.70. 153,095 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 308,743 shares. The stock had previously closed at C$0.77.
Midnight Sun Mining Price Performance
The company has a debt-to-equity ratio of 1.69, a current ratio of 45.60 and a quick ratio of 3.91. The stock has a 50 day moving average price of C$0.62 and a 200-day moving average price of C$0.48. The stock has a market capitalization of C$116.75 million, a price-to-earnings ratio of -45.61 and a beta of 0.93.
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.
Featured Articles
- Five stocks we like better than Midnight Sun Mining
- 3 Monster Growth Stocks to Buy Now
- Ray Dalio’s Bridgewater Loaded Up on These Stocks in Q4 2024
- Financial Services Stocks Investing
- Walmart Faces Tariff Headwinds, Consumer Trends Remain Positive
- The Basics of Support and Resistance
- Tesla: 2 Reasons to Buy, 1 Reason to Run
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.
