Midnight Sun Mining Corporation (CVE:MMA – Get Free Report ) hit a new 52-week high on Friday. The stock traded as high as C$0.50 and last traded at C$0.49. Trading volume was 482515 shares. The stock previously closed at C$0.41.
Midnight Sun Mining Stock Performance
The company has a debt-to-equity ratio of 4.29, a current ratio of 0.22 and a quick ratio of 3.91. The company has a market capitalization of C$80.87 million, a price-to-earnings ratio of -49.00 and a beta of 0.75. The stock's 50-day simple moving average is C$0.34 and its 200-day simple moving average is C$0.29.
About Midnight Sun Mining
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Midnight Sun Mining Corp. is engaged in the acquisition and exploration of mineral resources in Africa. The company primarily explores for copper, cobalt, nickel and gold deposits. It owns a 60% interest in the Solwezi license in Zambia. The company was formerly known as Midnight Sun Capital Corporation and has changed its name to Midnight Sun Mining Corp.
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