Shares of Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) rose 51.3% during trading on Saturday . The company traded as high as C$0.59 and last traded at C$0.59. Approximately 1,480,653 shares traded hands during mid-day trading, an increase of 688% from the average daily volume of 187,992 shares. The stock had previously closed at C$0.39.
Midnight Sun Mining Stock Performance
The company has a current ratio of 38.15, a quick ratio of 3.91 and a debt-to-equity ratio of 1.57. The stock’s 50 day moving average price is C$0.44 and its 200 day moving average price is C$0.41. The company has a market capitalization of C$97.69 million, a price-to-earnings ratio of -59.00 and a beta of 0.93.
Midnight Sun Mining Company Profile
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.
Read More
- Five stocks we like better than Midnight Sun Mining
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- XPO Stock Gains Momentum as U.S. Trade Outlook Evolves
- NYSE Stocks Give Investors a Variety of Quality Options
- CarMax Gets in Gear: Is Now the Time to Buy?
- Investing in the High PE Growth Stocks
- Qubit Combat: 2 Stocks Battle for Quantum Supremacy
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.
