Midnight Sun Mining Stock Today

MMA Stock  CAD 0.45  0.01  2.17%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 40

 
High
 
Low
Below Average
Midnight Sun is selling for under 0.45 as of the 28th of November 2024; that is 2.17% down since the beginning of the trading day. The stock's lowest day price was 0.45. Midnight Sun has about a 40 percent probability of financial distress in the next few years of operation but had a somewhat ok performance during the last 90 days. Equity ratings for Midnight Sun Mining are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Midnight Sun Mining Corp. acquires and explores for mineral properties in Africa. Midnight Sun Mining Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. MIDNIGHT SUN operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 165.57 M outstanding shares of which 161.02 K shares are now shorted by private and institutional investors with about 0.71 days to cover all short positions. More on Midnight Sun Mining

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Midnight Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Midnight Sun's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Midnight Sun or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Midnight Sun's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Midnight Sun's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Midnight Sun can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Midnight Sun's financial leverage. It provides some insight into what part of Midnight Sun's total assets is financed by creditors.
Liquidity
Midnight Sun cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Midnight Sun Mining has accumulated 376.27 K in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Midnight Sun Mining has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Midnight Sun until it has trouble settling it off, either with new capital or with free cash flow. So, Midnight Sun's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Midnight Sun Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Midnight to invest in growth at high rates of return. When we think about Midnight Sun's use of debt, we should always consider it together with cash and equity.

Sale Purchase Of Stock

4.56 Million
Midnight Sun Mining (MMA) is traded on TSX Venture Exchange in Canada and employs 6 people. Midnight Sun is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 76.16 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Midnight Sun's market, we take the total number of its shares issued and multiply it by Midnight Sun's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Midnight Sun Mining classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 165.57 M outstanding shares of which 161.02 K shares are now shorted by private and institutional investors with about 0.71 days to cover all short positions. Midnight Sun Mining has accumulated about 25.29 K in cash with (1.62 M) of positive cash flow from operations.
Check Midnight Sun Probability Of Bankruptcy
Ownership Allocation
Midnight Sun Mining maintains a total of 165.57 Million outstanding shares. Midnight Sun Mining secures 5.93 % of its outstanding shares held by insiders and 0.32 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Midnight Ownership Details

Midnight Sun Mining Risk Profiles

Although Midnight Sun's alpha and beta are two of the key measurements used to evaluate Midnight Sun's performance over the market, the standard measures of volatility play an important role as well.

Midnight Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Midnight Sun without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Midnight Sun Corporate Executives

Elected by the shareholders, the Midnight Sun's board of directors comprises two types of representatives: Midnight Sun inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Midnight. The board's role is to monitor Midnight Sun's management team and ensure that shareholders' interests are well served. Midnight Sun's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Midnight Sun's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Midnight Stock Analysis

When running Midnight Sun's price analysis, check to measure Midnight Sun's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Midnight Sun is operating at the current time. Most of Midnight Sun's value examination focuses on studying past and present price action to predict the probability of Midnight Sun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midnight Sun's price. Additionally, you may evaluate how the addition of Midnight Sun to your portfolios can decrease your overall portfolio volatility.