Midnight Sun Mining Corp. (CVE:MMA – Get Rating) traded down 4% during trading on Wednesday . The stock traded as low as C$0.23 and last traded at C$0.24. 46,000 shares were traded during mid-day trading, an increase of 1% from the average session volume of 45,559 shares. The stock had previously closed at C$0.25.
Midnight Sun Mining Price Performance
The firm has a fifty day moving average of C$0.26 and a 200 day moving average of C$0.24. The company has a market capitalization of C$31.19 million, a P/E ratio of -9.00 and a beta of 0.90. The company has a current ratio of 0.40, a quick ratio of 3.91 and a debt-to-equity ratio of 0.57.
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, and gold deposits. It has 60% interest in the Solwezi licenses covering an area of approximately 506 square kilometers in the Zambian Copperbelt located in northwest of Lusaka, Zambia.
- Big Lots Becomes A Stomach Churning Value Play
- The Melt-Up In Marvell Is On; But Don’t Chase It Higher
- Is Apple a Growth Stock or a Value Stock?
- Costco’s Earnings Call Reassure Economists, Recession Cancelled
- Hot Inflation, What It Means For The Summer Rally
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.