Midnight Sun Mining (CVE:MMA) Stock Price Down 14% – Time to Sell?

Posted by Stacy Sanders on Jan 30th, 2026

Midnight Sun Mining Corp. (CVE:MMA – Get Free Report) shares dropped 14% during mid-day trading on Friday . The company traded as low as C$1.25 and last traded at C$1.29. Approximately 394,284 shares changed hands during mid-day trading, a decline of 22% from the average daily volume of 507,063 shares. The stock had previously closed at C$1.50.

Wall Street Analyst Weigh In

Separately, Haywood Securities set a C$3.00 price objective on shares of Midnight Sun Mining and gave the company a “buy” rating in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of C$3.00.

Read Our Latest Stock Report on MMA

Midnight Sun Mining Stock Performance

The company’s 50 day moving average price is C$1.42 and its 200-day moving average price is C$1.20. The stock has a market cap of C$274.66 million, a P/E ratio of -32.13 and a beta of 2.09. The company has a debt-to-equity ratio of 1.69, a quick ratio of 3.91 and a current ratio of 45.60.

About Midnight Sun Mining

(Get Free Report)

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.