Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.60 and last traded at C$0.57, with a volume of 765296 shares traded. The stock had previously closed at C$0.59.
Midnight Sun Mining Price Performance
The firm has a market capitalization of C$94.37 million, a P/E ratio of -57.00 and a beta of 0.93. The company has a quick ratio of 3.91, a current ratio of 38.15 and a debt-to-equity ratio of 1.57. The business’s 50-day simple moving average is C$0.44 and its 200 day simple moving average is C$0.41.
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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