Shares of Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) shot up 16.9% during trading on Friday . The stock traded as high as C$1.46 and last traded at C$1.45. Approximately 1,212,448 shares traded hands during trading, an increase of 246% from the average session volume of 350,151 shares. The stock had previously closed at C$1.24.
Midnight Sun Mining Price Performance
The company has a debt-to-equity ratio of 1.69, a quick ratio of 3.91 and a current ratio of 45.60. The firm has a fifty day simple moving average of C$1.28 and a two-hundred day simple moving average of C$0.85. The firm has a market cap of C$294.38 million, a PE ratio of -48.33 and a beta of 1.71.
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.
Read More
- Five stocks we like better than Midnight Sun Mining
- What is Insider Trading? What You Can Learn from Insider Trading
- Getting Defensive: 3 Dividend Payers Reporting Strong Q3 Earnings
- Ride Out The Recession With These Dividend Kings
- Why Investors Shouldn’t Fear the Dip in Microsoft Stock
- 3 Monster Growth Stocks to Buy Now
- DigitalOcean’s Tide Has Turned: Get Ready to Ride the Wave
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.
