Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) shares were down 6.2% during mid-day trading on Tuesday . The company traded as low as C$0.59 and last traded at C$0.61. Approximately 269,026 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 279,512 shares. The stock had previously closed at C$0.65.
Midnight Sun Mining Price Performance
The company has a debt-to-equity ratio of 1.69, a current ratio of 45.60 and a quick ratio of 3.91. The company’s 50 day simple moving average is C$0.68 and its 200 day simple moving average is C$0.53. The company has a market capitalization of C$106.30 million, a PE ratio of -41.53 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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