Midnight Sun Mining Corp. (CVE:MMA - Get Free Report) traded up 6.6% on Tuesday . The company traded as high as C$0.65 and last traded at C$0.65. 122,628 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 243,238 shares. The stock had previously closed at C$0.61.
Midnight Sun Mining Price Performance
The company has a quick ratio of 3.91, a current ratio of 45.60 and a debt-to-equity ratio of 1.69. The company's 50-day moving average is C$0.59 and its 200-day moving average is C$0.57. The stock has a market cap of C$113.27 million, a price-to-earnings ratio of -44.25 and a beta of 0.93.
Midnight Sun Mining Company Profile
(
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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.
Further Reading
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