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Midnight Sun Mining Corp (TSE:MMA)
:MMA
MMA Stock Chart & Stats
C$1.21
-C$0.03(-4.35%)
At close: 4:00 PM EST
C$1.21
-C$0.03(-4.35%)
Day’s Range― - ―
52-Week RangeC$0.48 - C$2.00
Previous CloseN/A
Volume175.84K
Average Volume (3M)653.32K
Market Cap
C$244.65M
Enterprise ValueC$213.23M
Total Cash (Recent Filing)C$8.79M
Total Debt (Recent Filing)C$258.78K
Price to Earnings (P/E)―
Beta1.07
Next Earnings
May 22, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding214,608,230
10 Day Avg. Volume820,874
30 Day Avg. Volume653,322
Financial Highlights & Ratios
PEG Ratio-0.35
Price to Book (P/B)4.48
Price to Sales (P/S)0.00
P/FCF Ratio-30.05
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 Upside147.93% 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 LeverageVery low leverage materially reduces refinancing and interest-rate risk for an exploration-stage company that lacks operating cash flow. This conservatism preserves financial optionality, lowers bankruptcy risk and makes it easier to structure staged financings or partner-funded programs over the medium term.
Larger Equity BaseAn expanded equity base provides a bigger capital cushion to sustain exploration programs and corporate overhead. It improves the company’s ability to fund multiple drill campaigns, negotiate farm-outs or JV terms from a position of less urgency, and reduces the immediacy of dilutive emergency financings.
Strategic Copper Focus In CopperbeltConcentration on copper targets in the prolific Zambia Copperbelt positions the company within a well-known mining district attractive to majors and partners. That location focus increases the probability of farm-outs, earn-ins or asset transactions that can fund exploration and de-risk projects without immediate production.
Bears Say
Pre-revenue And Widening LossesBeing pre-revenue with accelerating net losses means the company must rely on external capital to continue operations. Persistent widening losses increase the frequency and size of future financings required, heighten dilution risk for shareholders, and make long-term viability contingent on exploration success or asset sales.
Weak Cash Generation And Rising BurnConsistent negative operating and free cash flow depletes cash reserves and forces reliance on equity issuances or partner funding to sustain programs. Rising cash burn constrains the company’s ability to advance multiple targets simultaneously and increases the probability of dilutive raises or concessionary JV terms.
Negative Return On EquityA substantially negative ROE indicates capital is not generating economic returns for shareholders. That track record makes it harder to attract patient strategic investors at favorable terms, increases expected return demands from capital providers, and raises the risk of value dilution through repeated financings.
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$0.47 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$244.65M.
When is Midnight Sun Mining Corp’s upcoming earnings report date?
Midnight Sun Mining Corp’s upcoming earnings report date is May 22, 2026 which is in 88 days.
How were Midnight Sun Mining Corp’s earnings last quarter?
Midnight Sun Mining Corp released its earnings results on Dec 01, 2025. The company reported -C$0.014 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.014.
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 214,608,230 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$0.014 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 6.087%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
254.05%
12-Months-Change
Fundamentals
Return on Equity
-36.30%
Trailing 12-Months
Asset Growth
4.47%
Trailing 12-Months
Company Description
Midnight Sun Mining Corp
Midnight Sun Mining Corp. engages in the acquisition and exploration of mineral properties in Africa. The company primarily explores for copper, cobalt, and gold deposits. It has 60% interest in the Solwezi licenses covering an area of approximately 506 square kilometers in the Zambian Copperbelt located in northwest of Lusaka, 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.
MMA Stock 12 Month Forecast
Average Price Target
C$3.00
▲(147.93% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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