Midnight Sun Mining Corp. (CVE:MMA – Get Free Report)’s share price rose 20.8% during trading on Wednesday . The stock traded as high as C$0.67 and last traded at C$0.64. Approximately 752,113 shares were traded during mid-day trading, an increase of 275% from the average daily volume of 200,401 shares. The stock had previously closed at C$0.53.
Midnight Sun Mining Stock Up 1.5 %
The company has a debt-to-equity ratio of 1.57, a quick ratio of 3.91 and a current ratio of 38.15. The firm’s 50-day moving average is C$0.52 and its 200 day moving average is C$0.45. The firm has a market capitalization of C$114.24 million, a PE ratio of -69.00 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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