Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) shares traded down 5.6% on Wednesday . The stock traded as low as C$0.33 and last traded at C$0.34. 204,000 shares traded hands during mid-day trading, an increase of 19% from the average session volume of 171,584 shares. The stock had previously closed at C$0.36.
Midnight Sun Mining Trading Up 6.1 %
The business has a 50 day simple moving average of C$0.29 and a two-hundred day simple moving average of C$0.27. The company has a current ratio of 0.22, a quick ratio of 3.91 and a debt-to-equity ratio of 4.29. The company has a market cap of C$57.77 million, a PE ratio of -35.00 and a beta of 0.75.
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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