Midnight Sun Mining (MMA) AI Stock Analysis

• Market Cap: C$258.71M
• Dividend Yield: N/A
• Average Volume (3M): 653.32K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.32
• Revenue Growth: N/A
• EPS Growth: -236.16%
• Country: CA
• Employees: N/A
• Sector: General
• Sector Strength: N/A
• Industry: Industrial Materials
• EPS (TTM): -0.07
• Shares Outstanding: 215,588,240
• 10 Day Avg. Volume: 820,874
• 30 Day Avg. Volume: 653,322
• 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 Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: C$1.00 ▼(-6.54% Downside)
• Action: Reiterated Date: 04/26/26
• Date: Action: Reiterated 04/26/26

Positive Factors

Low Leverage

Very low reported debt reduces financial risk for an exploration firm, preserving optionality during multi-year programs. Structurally, low leverage gives management flexibility to fund drilling or partner projects without large fixed interest burdens that could impair long-term project development.

Negative Factors

No Revenue / Rising Losses

The company remains pre-revenue with rapidly widening net losses, reflecting no operating cash generation. Over the medium term this undermines internal financing capacity, increases reliance on external capital, and raises execution risk if exploration results do not justify continued investment.

Midnight Sun Mining Business Overview & Revenue Model

Company Description

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 approximate...

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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 approximate...

How the Company Makes Money

Midnight Sun Mining does not typically generate recurring revenue from selling products or services because it operates primarily as an exploration-stage mining company. Its funding is generally sourced from capital markets (e.g., issuing equity/u...

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Midnight Sun Mining does not typically generate recurring revenue from selling products or services because it operates primarily as an exploration-stage mining company. Its funding is generally sourced from capital markets (e.g., issuing equity/u...

Midnight Sun Mining Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Mar 2023	Mar 2022
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-98.22K	-78.33K	-37.39K	-25.63K	-23.76K
EBITDA	-14.42M	-3.24M	-1.15M	-3.15M	-1.90M
Net Income	-14.23M	-3.35M	-1.54M	-3.18M	-2.04M
Balance Sheet
Total Assets	45.60M	21.99M	13.96M	10.69M	20.78M
Cash, Cash Equivalents and Short-Term Investments	30.99M	7.82M	23.88K	40.48K	2.56M
Total Debt	240.33K	314.68K	539.27K	58.43K	82.61K
Total Liabilities	678.98K	456.49K	731.14K	518.66K	230.01K
Stockholders Equity	42.88M	19.50M	11.19M	4.62M	14.65M
Cash Flow
Free Cash Flow	-12.84M	-2.90M	-1.62M	-2.24M	-1.01M
Operating Cash Flow	-12.62M	-2.90M	-1.62M	-2.24M	-869.15K
Investing Cash Flow	2.37M	-2.37M	470.55K	-263.88K	-133.14K
Financing Cash Flow	35.93M	10.56M	1.14M	-23.29K	2.51M

Midnight Sun Mining Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.07
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MMA, the sentiment is Positive. The current price of 1.07 is below the 20-day moving average (MA) of 1.24, below the 50-day MA of 1.25, and below the 200-day MA of 1.19, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 54.47 is Neutral, neither overbought nor oversold. The STOCH value of 64.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MMA.

Midnight Sun Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
MOON	51 Neutral	C$695.09M	-3.33	-21.92%	―	―	-479.89%
TDG	44 Neutral	C$167.34M	-5.66	-42.23%	―	―	-234.46%
MMA	43 Neutral	C$258.71M	-8.38	-35.38%	―	―	-236.16%
TI	43 Neutral	C$359.73M	-60.29	-2.35%	―	19.76%	-101.07%
AHR	42 Neutral	C$209.55M	-334.55	166.87%	―	―	81.87%
SFR	40 Underperform	C$235.37M	-15.52	―	―	―	-18.10%

Midnight Sun Mining Corporate Events