Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) reached a new 52-week low during trading on Wednesday. The company traded as low as C$0.44 and last traded at C$0.43, with a volume of 487,725 shares trading hands. The stock had previously closed at C$0.47.
Midnight Sun Mining Stock Down 4.3%
The company has a debt-to-equity ratio of 0.67, a current ratio of 11.09 and a quick ratio of 3.91. The firm’s 50 day moving average price is C$0.62 and its two-hundred day moving average price is C$0.82. The firm has a market cap of C$97.91 million, a price-to-earnings ratio of -3.00 and a beta of 3.09.
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. in February 2011. Midnight Sun Mining Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Recommended Stories
- Five stocks we like better than Midnight Sun Mining
- Tesla Wants to Make Its Own Chips—What Could Go Wrong?
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
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.
