Want to see TSE:MMA full AI Analyst Report?
MMA Stock Chart & Stats
C$0.75
-C$0.01(-1.69%)
At close: 4:00 PM EDT
C$0.75
-C$0.01(-1.69%)
Day’s Range― - ―
52-Week RangeC$0.55 - C$2.00
Previous CloseN/A
Volume181.13K
Average Volume (3M)252.91K
Market Cap
C$133.81M
Enterprise ValueC$118.37
Total Cash (Recent Filing)C$18.21M
Total Debt (Recent Filing)C$199.41K
Price to Earnings (P/E)―
Beta1.30
Next Earnings
Nov 20, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.14
Shares Outstanding217,574,600
10 Day Avg. Volume310,363
30 Day Avg. Volume252,909
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 TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low LeverageThe very low debt burden limits interest and refinancing pressure, giving Midnight Sun Mining greater financial flexibility than a heavily leveraged explorer. This supports continued project work and leaves more room to respond to operating setbacks, although it does not solve the need for external funding.
Focused Copper ExplorationA focused mandate in copper exploration and a defined Zambian operating region provide strategic concentration rather than a dispersed portfolio. This can help direct geological, geophysical, and drilling resources toward advancing targets and building a coherent project pipeline over time.
Discovery-led Value ModelThe business model is designed to create value from exploration success and project advancement rather than current operating sales. Potential transactions with mining operators provide a defined pathway to monetize discoveries, which can be meaningful if targets develop into attractive mineral resources.
Bears Say
Pre-revenue OperationsThe absence of operating revenue means the company has not yet demonstrated a recurring commercial income stream to fund exploration. Until projects generate a transaction, royalty, or operating contribution, financial performance remains dependent on capital availability and successful advancement of prospects.
Widening LossesLosses have expanded sharply, showing that the current cost base is rising without corresponding revenue or operating leverage. Persistent deterioration can erode the equity base, reduce flexibility for exploration investment, and increase the amount of capital required before the portfolio produces economic returns.
Heavy Cash BurnDeeply negative operating and free cash flow indicates that ongoing exploration and corporate costs consume substantial cash rather than generating it. Continued burn raises dependence on future financing, creating dilution and execution risk if capital is unavailable or must be raised on unfavorable terms.
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$0.55 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$133.81M.
When is Midnight Sun Mining Corp’s upcoming earnings report date?
Midnight Sun Mining Corp’s upcoming earnings report date is Nov 20, 2026 which is in 58 days.
How were Midnight Sun Mining Corp’s earnings last quarter?
Midnight Sun Mining Corp released its earnings results on Aug 20, 2026. The company reported -C$0.04 earnings per share for the quarter.
Is Midnight Sun Mining Corp overvalued?
According to Wall Street analysts Midnight Sun Mining Corp’s price is currently Overvalued.
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 217,574,600 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$0.04 in its last earnings report. Following the earnings report the stock price went up 10.769%.
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
Underperform
1
2
3
4
5
6
7
8
9
10
Insider Transactions
Bought Shares
Worth C$321.2K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-57.48%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
42.06%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
Technical Analysis
Amarc Resources
―
Titan Mining Corporation
―
Blue Moon Metals
―
Sandfire Resources America
―
TDG Gold
―







