Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.60 and last traded at C$0.57, with a volume of 765296 shares trading hands. The stock had previously closed at C$0.59.
Midnight Sun Mining Trading Down 3.4 %
The stock’s 50 day moving average is C$0.44 and its 200-day moving average is C$0.41. The company has a debt-to-equity ratio of 1.57, a current ratio of 38.15 and a quick ratio of 3.91. The company has a market capitalization of C$94.37 million, a P/E ratio of -57.00 and a beta of 0.93.
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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