Midnight Sun Mining Corp. (CVE:MMA - Get Free Report)'s stock price was up 1.2% on Tuesday . The stock traded as high as C$0.42 and last traded at C$0.42. Approximately 197,820 shares were traded during trading, an increase of 8% from the average daily volume of 183,117 shares. The stock had previously closed at C$0.42.
The company has a 50-day moving average of C$0.43 and a 200-day moving average of C$0.41. 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 has a market capitalization of C$69.54 million, a price-to-earnings ratio of -42.00 and a beta of 0.93.
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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