Midnight Sun Mining Corp. (CVE:MMA – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.60 and last traded at C$0.61, with a volume of 269255 shares changing hands. The stock had previously closed at C$0.59.
Midnight Sun Mining Trading Up 1.7 %
The firm has a market cap of C$99.34 million, a PE ratio of -60.00 and a beta of 0.93. The company has a 50-day simple moving average of C$0.46 and a 200 day simple moving average of C$0.42. The company has a current ratio of 38.15, a quick ratio of 3.91 and a debt-to-equity ratio of 1.57.
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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