Midnight Sun Mining Corp. (MDNGF) Research
Midnight Sun Mining Corp. is engaged in the procurement and exploration of mineral properties across the African continent. The company primarily seeks out deposits of copper, cobalt, and gold. A significant asset is its 60% ownership stake in the Solwezi licenses, which encompass approximately 506 square kilometers within the Zambian Copperbelt, located northwest of Lusaka, Zambia. The firm, established in 2007, was formerly known as Midnight Sun Capital Corporation before changing its name to Midnight Sun Mining Corp. in February 2011. Its corporate headquarters are situated in Vancouver, Canada.
Market snapshot
- Symbol
- MDNGF
- Price
- $0.55
- Day change
- -8.96%
- Market cap
- $141.0M
- P/E ratio
- -6.90x
- 52-week range
- 0.3685-1.45
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Next earnings
- in 2 months
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- Midnight Sun Mining expands Dumbwa copper discovery in Zambia - ICYMI
Midnight Sun Mining Corp (TSX-V:MMA, OTCQB:MDNGF) earlier this week reported a major batch of drill results from its Dumbwa copper discovery in Zambia, providing investors with a broader picture of the scale and continuity emerging at the project. Speaking with Proactive, Vice President of Business Development Adrian O'Brien said the company released assay results from 99 drill holes after resolving earlier QA/QC laboratory issues that had delayed reporting since January.
Peer companies
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