Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as C$0.80 and last traded at C$0.77, with a volume of 285854 shares trading hands. The stock had previously closed at C$0.73.
Midnight Sun Mining Stock Performance
The firm has a fifty day moving average price of C$0.56 and a two-hundred day moving average price of C$0.46. 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 stock has a market capitalization of C$137.42 million, a PE ratio of -83.00 and a beta of 0.93.
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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