Midnight Sun Mining Corp. (CVE:MMA – Get Free Report)’s stock price was up 51.3% on Saturday . The company traded as high as C$0.59 and last traded at C$0.59. Approximately 1,480,653 shares were traded 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 has a market cap of C$97.69 million, a PE ratio of -59.00 and a beta of 0.93. The business’s 50-day moving average price is C$0.44 and its 200-day moving average price is C$0.41.
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.
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