Midnight Sun Mining Corp. (CVE:MMA - Get Free Report)'s stock price rose 6.6% on Tuesday . The company traded as high as C$0.65 and last traded at C$0.65. Approximately 122,628 shares changed hands during trading, a decline of 50% from the average daily volume of 243,238 shares. The stock had previously closed at C$0.61.
Midnight Sun Mining Price Performance
The company has a debt-to-equity ratio of 1.69, a quick ratio of 3.91 and a current ratio of 45.60. The company has a market cap of C$115.01 million, a price-to-earnings ratio of -44.93 and a beta of 0.93. The business has a fifty day moving average price of C$0.59 and a 200 day moving average price of C$0.58.
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.
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