Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) insider Brett Allan Richards bought 127,103 shares of the business’s stock in a transaction on Friday, June 12th. The stock was purchased at an average price of C$0.87 per share, with a total value of C$110,579.61. Following the completion of the transaction, the insider directly owned 5,374,147 shares of the company’s stock, valued at C$4,675,507.89. This trade represents a 2.42% increase in their ownership of the stock.
Brett Allan Richards also recently made the following trade(s):
- On Friday, June 12th, Brett Allan Richards purchased 25,500 shares of Midnight Sun Mining stock. The shares were purchased at an average price of C$0.84 per share, for a total transaction of C$21,420.00.
Midnight Sun Mining Price Performance
Shares of MMA traded down C$0.01 during midday trading on Monday, reaching C$0.83. The stock had a trading volume of 386,888 shares, compared to its average volume of 567,109. The company has a debt-to-equity ratio of 0.58, a current ratio of 13.58 and a quick ratio of 3.91. The company has a market capitalization of C$178.94 million, a P/E ratio of -6.38 and a beta of 2.29. The firm’s 50 day moving average price is C$1.11 and its 200-day moving average price is C$1.26. Midnight Sun Mining Corp. has a 52 week low of C$0.50 and a 52 week high of C$2.00.
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. in February 2011. Midnight Sun Mining Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
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