MDNGF
Price:
$0.9023
Market Cap:
$225.06M
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.
Industry
Industrial Materials
IPO Date
2018-08-24
Stock Exchange
OTC
Ticker
MDNGF
According to Midnight Sun Mining Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 73.07. This represents a change of 41.77% compared to the average of 51.54 of the last 4 quarters.
The mean historical Current Ratio of Midnight Sun Mining Corp. over the last ten years is 7.17. The current 73.07 Current Ratio has changed 101.80% with respect to the historical average. Over the past ten years (40 quarters), MDNGF's Current Ratio was at its highest in in the June 2025 quarter at 73.07. The Current Ratio was at its lowest in in the September 2017 quarter at 0.02.
Average
7.17
Median
1.02
Minimum
0.17
Maximum
38.00
Discovering the peaks and valleys of Midnight Sun Mining Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 15.04%
Maximum Annual Current Ratio = 38.00
Minimum Annual Increase = -97.39%
Minimum Annual Current Ratio = 0.17
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 38.00 | 15.04% |
| 2023 | 0.25 | -37.21% |
| 2022 | 0.40 | -97.39% |
| 2021 | 15.33 | 35.29% |
| 2020 | 11.33 | 6.53% |
| 2019 | 0.17 | -67.95% |
| 2018 | 0.53 | -86.65% |
| 2017 | 4.00 | 165.96% |
| 2016 | 1.50 | 683.56% |
| 2015 | 0.19 | 177.54% |
The current Current Ratio of Midnight Sun Mining Corp. (MDNGF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
12.88
5-year avg
13.06
10-year avg
7.17
Midnight Sun Mining Corp.’s Current Ratio is greater than Ultra Lithium Inc. (0.04), greater than Core Lithium Ltd (1.60), greater than Consolidated Lithium Metals Inc. (2.03), greater than Argentina Lithium & Energy Corp. (1.70), greater than Atlantic Lithium Limited (1.65), greater than Ameriwest Lithium Inc. (0.73), greater than Starr Peak Mining Ltd. (0.34), greater than American Lithium Corp. (1.48), greater than Global Helium Corp. (0.06), greater than Alpha Lithium Corp (2.88), greater than Nexa Resources S.A. (0.93), greater than Materion Corporation (3.28), greater than Fury Gold Mines Limited (7.69), greater than Eskay Mining Corp. (6.08), greater than EMX Royalty Corporation (7.86), greater than United Lithium Corp. (4.02), greater than Alpha Copper Corp. (0.29), greater than Reflex Advanced Materials Corp. (0.16), less than Liontown Resources Limited (0), greater than Elevra Lithium Limited (0.44), greater than Critical Elements Lithium Corporation (1.38), greater than null (13.58),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.04 | $3.82M | |
| 1.60 | $327.32M | |
| 2.03 | $16.35M | |
| 1.70 | $31.67M | |
| 1.65 | $92.63M | |
| 0.73 | $2.89M | |
| 0.34 | $12.69M | |
| 1.48 | $64.28M | |
| 0.06 | $1.67M | |
| 2.88 | $207.81M | |
| 0.93 | $967.46M | |
| 3.28 | $2.64B | |
| 7.69 | $118.57M | |
| 6.08 | $36.62M | |
| 7.86 | $454.05M | |
| 4.02 | $10.22M | |
| 0.29 | $5.71M | |
| 0.16 | $1.01M | |
| 0 | $2.45B | |
| 0.44 | $613.82M | |
| 1.38 | $61.00M | |
| 13.58 | $0 |
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