Midnight Sun Mining (CVE:MMA) Insider Brett Allan Richards Acquires 192,000 Shares of Stock

Midnight Sun Mining Corp. (CVE:MMA) insider Brett Allan Richards bought 192,000 shares of Midnight Sun Mining stock in a transaction on Tuesday, July 7th. The shares were acquired at an average price of C$0.58 per share, for a total transaction of C$111,360.00. Following the completion of the acquisition, the insider owned 5,623,447 shares in the company, valued at C$3,261,599.26. This represents a 3.53% increase in their ownership of the stock.

Brett Allan Richards also recently made the following trade(s):

• On Monday, July 6th, Brett Allan Richards acquired 57,300 shares of Midnight Sun Mining stock. The stock was bought at an average price of C$0.58 per share, for a total transaction of C$33,234.00.
• On Wednesday, July 8th, Brett Allan Richards bought 135,300 shares of Midnight Sun Mining stock. The shares were bought at an average cost of C$0.57 per share, with a total value of C$77,121.00.
• On Friday, June 12th, Brett Allan Richards purchased 25,500 shares of Midnight Sun Mining stock. The shares were bought at an average price of C$0.84 per share, for a total transaction of C$21,420.00.
• On Friday, June 12th, Brett Allan Richards acquired 127,103 shares of Midnight Sun Mining stock. The stock was bought at an average price of C$0.87 per share, with a total value of C$110,579.61.

Midnight Sun Mining Stock Performance

Shares of Midnight Sun Mining stock opened at C$0.57 on Thursday. The business has a 50-day simple moving average of C$0.90 and a 200-day simple moving average of C$1.18. The company has a debt-to-equity ratio of 0.58, a quick ratio of 3.91 and a current ratio of 13.58. Midnight Sun Mining Corp. has a one year low of C$0.53 and a one year high of C$2.00. The company has a market cap of C$122.89 million, a PE ratio of -4.38 and a beta of 2.42.

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