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MMA Stock Chart & Stats
C$1.07
-C$0.03(-4.35%)
At close: 4:00 PM EST
C$1.07
-C$0.03(-4.35%)
Day’s Range― - ―
52-Week RangeC$0.53 - C$2.00
Previous CloseN/A
Volume175.84K
Average Volume (3M)653.32K
Market Cap
C$131.51M
Enterprise ValueC$125.87M
Total Cash (Recent Filing)C$26.19M
Total Debt (Recent Filing)C$218.55K
Price to Earnings (P/E)―
Beta1.62
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.12
Shares Outstanding215,588,240
10 Day Avg. Volume820,874
30 Day Avg. Volume653,322
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)5.76
Price to Sales (P/S)0.00
P/FCF Ratio-19.25
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$3.00Price Target Upside180.37% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageA very low debt load materially reduces refinancing and solvency risk for an exploration-stage miner. This durable capital-structure strength gives management flexibility to pursue multi-stage drilling programs or wait for favorable financing windows without immediate liquidity pressure, supporting continuity of operations over 2–6 months.
Focused Copper PositionConcentrated exposure to copper in the Zambian Copperbelt aligns the company with a clear commodity strategy and a well-defined geological target set. For an explorer, operating in a recognized copper jurisdiction increases the odds of prospect generation and appeal to potential JV or offtake partners over the medium term.
Sizable Assets And Equity For StageRelatively strong reported assets and shareholder equity provide a tangible balance-sheet buffer while exploration proceeds. This structural asset base can support additional drilling campaigns, act as collateral for financing, and partially mitigate dilution or immediate liquidation risks during extended exploration cycles.
Bears Say
No Revenue; Widening LossesThe company remains pre-revenue while operating losses have accelerated materially. Persistent and growing deficits erode equity and create a structural need for external financing. Over a 2–6 month horizon, continued negative profitability undermines self-sufficiency and raises execution risk for exploration programs.
High Cash BurnSubstantial negative operating and free cash flow indicates exploration spending outpaces internal funding. The sharp increase in burn heightens the likelihood management must seek finance, potentially interrupting programs if markets are adverse. This persistent outflow is a durable drain absent a financing or discovery event.
Dependence On Capital MarketsReliance on equity or placement financing is structurally risky: market access and pricing drive the company’s ability to fund exploration. In down markets or if investor appetite fades, the firm faces dilution, delayed programs, or halted activity; this dependence is a persistent vulnerability over the medium term.
Midnight Sun Mining News
MMA FAQ
What was Midnight Sun Mining Corp’s price range in the past 12 months?
Midnight Sun Mining Corp lowest stock price was C$0.53 and its highest was C$2.00 in the past 12 months.
What is Midnight Sun Mining Corp’s market cap?
Midnight Sun Mining Corp’s market cap is C$131.51M.
When is Midnight Sun Mining Corp’s upcoming earnings report date?
Midnight Sun Mining Corp’s upcoming earnings report date is Aug 31, 2026 which is in 48 days.
How were Midnight Sun Mining Corp’s earnings last quarter?
Midnight Sun Mining Corp released its earnings results on May 28, 2026. The company reported -C$0.05 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Midnight Sun Mining Corp overvalued?
According to Wall Street analysts Midnight Sun Mining Corp’s price is currently Undervalued.
Does Midnight Sun Mining Corp pay dividends?
Midnight Sun Mining Corp does not currently pay dividends.
What is Midnight Sun Mining Corp’s EPS estimate?
Midnight Sun Mining Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Midnight Sun Mining Corp have?
Midnight Sun Mining Corp has 215,588,240 shares outstanding.
What happened to Midnight Sun Mining Corp’s price movement after its last earnings report?
Midnight Sun Mining Corp reported an EPS of -C$0.05 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -1.053%.
Which hedge fund is a major shareholder of Midnight Sun Mining Corp?
Currently, no hedge funds are holding shares in TSE:MMA
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Midnight Sun Mining Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$3.00 (180.37% Upside)
C$3.00 (180.37% Upside)
Insider Transactions
Bought Shares
Worth C$983.8K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
254.05%
12-Months-Change
Fundamentals
Return on Equity
-79.54%
Trailing 12-Months
Asset Growth
77.03%
Trailing 12-Months
Company Description
Midnight Sun Mining Corp
Midnight Sun Mining Corp. operates as a company dedicated to identifying and developing mineral properties throughout the African continent. Its primary focus is on discovering deposits rich in copper, cobalt, and gold. A key asset for the firm is its 60% stake in the Solwezi licenses, which encompass roughly 506 square kilometers within Zambia's Copperbelt region, situated to the northwest of Lusaka. Established in 2007, the company, formerly known as Midnight Sun Capital Corporation, adopted its current name in February 2011 and is based in Vancouver, Canada.
MMA Stock 12 Month Forecast
Average Price Target
C$3.00
▲(180.37% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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