Midnight Sun Mining (MMA) Stock Price, News & Analysis

Company Overview

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. in February 2011. Midnight Sun Mining Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$0.39 to C$0.40
• 50-Day Range: C$0.37 to C$0.78
• 52-Week Range: C$0.36 to C$1.78
• Volume: 97,210 shs
• Average Volume: 455,447 shs
• Market Capitalization: C$85.94 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$3.00
• Consensus Rating: Buy

Midnight Sun Mining Stock Analysis - MarketRank™

Midnight Sun Mining scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Midnight Sun Mining has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Midnight Sun Mining has a consensus price target of C$3.00, representing about 659.5% upside from its current price of C$0.40.

Amount of Analyst Coverage

Midnight Sun Mining has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Midnight Sun Mining is -2.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Midnight Sun Mining is -2.63, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Midnight Sun Mining has a P/B Ratio of 2.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MMA.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Midnight Sun Mining does not currently pay a dividend.

Dividend Growth

Midnight Sun Mining does not have a long track record of dividend growth.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.59

News Sentiment

Midnight Sun Mining has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Materials companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Midnight Sun Mining this week, compared to 0 articles on an average week.

Company Ownership

• Score: 3.1 / 5
• Insider Trading: Acquiring Shares

Net Insider Buying

Over the last three months, insiders have purchased a net C$79,287.00 in company stock, which represents 0.0923% of the company's market cap.

Insider Buying vs. Insider Selling

In the past three months, Midnight Sun Mining insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$79,287.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

5.98% of the stock of Midnight Sun Mining is held by insiders.

Percentage Held by Institutions

4.05% of the stock of Midnight Sun Mining is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Materials
• Industry: Metals & Mining
• Sub-Industry: N/A
• Current Symbol: CVE:MMA
• CIK: N/A
• Web: www.midnightsunmining.com
• Phone: 604-351-8850
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Midnight Sun Mining: C$3.00
• High Price Target: C$3.00
• Low Price Target: C$3.00
• Potential Upside/Downside: +659.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.15)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$2.59 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -91.69%
• Return on Assets: -5.61%

Debt

• Debt-to-Equity Ratio: 0.67
• Current Ratio: 11.09
• Quick Ratio: 3.91

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.01 per share
• Price / Cash Flow: 32.86
• Book Value: C$0.15 per share
• Price / Book: 2.70

Miscellaneous

• Outstanding Shares: 217,575,000
• Free Float: N/A
• Market Cap: C$85.94 million
• Optionable: Not Optionable
• Beta: 3.09