Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) rose 22.6% during mid-day trading on Thursday . The company traded as high as C$0.67 and last traded at C$0.65. Approximately 1,499,264 shares traded hands during mid-day trading, an increase of 524% from the average daily volume of 240,287 shares. The stock had previously closed at C$0.53.
Midnight Sun Mining Stock Up 22.6 %
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 company has a market capitalization of C$107.62 million, a PE ratio of -65.00 and a beta of 0.93. The business has a fifty day moving average of C$0.52 and a 200 day moving average of C$0.45.
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.
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