Midnight Sun Mining Corp. (CVE:MMA – Get Free Report)’s share price traded up 6.4% on Friday . The stock traded as high as C$0.42 and last traded at C$0.42. 614,075 shares changed hands during trading, an increase of 235% from the average session volume of 183,116 shares. The stock had previously closed at C$0.39.
Midnight Sun Mining Stock Up 51.3 %
The company has a market capitalization of C$97.69 million, a price-to-earnings ratio of -59.00 and a beta of 0.93. The firm’s 50 day moving average price is C$0.44 and its two-hundred day moving average price is C$0.41. The company has a current ratio of 38.15, a quick ratio of 3.91 and a debt-to-equity ratio of 1.57.
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, 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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