Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) shares dropped 9.1% during trading on Tuesday . The company traded as low as C$0.66 and last traded at C$0.70. Approximately 153,095 shares traded hands during trading, a decline of 50% from the average daily volume of 308,743 shares. The stock had previously closed at C$0.77.
Midnight Sun Mining Stock Down 9.5 %
The company has a current ratio of 45.60, a quick ratio of 3.91 and a debt-to-equity ratio of 1.69. The stock has a market capitalization of C$116.75 million, a price-to-earnings ratio of -45.61 and a beta of 0.93. The firm has a 50-day moving average of C$0.62 and a 200 day moving average of C$0.48.
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.
Featured Articles
- Five stocks we like better than Midnight Sun Mining
- ETF Screener: Uses and Step-by-Step Guide
- Ray Dalio’s Bridgewater Loaded Up on These Stocks in Q4 2024
- Investing in the High PE Growth Stocks
- Walmart Faces Tariff Headwinds, Consumer Trends Remain Positive
- Differences Between Momentum Investing and Long Term Investing
- Tesla: 2 Reasons to Buy, 1 Reason to Run
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.
