Midnight Sun Mining Stock Analysis

MMA Stock  CAD 0.43  0.02  4.44%   
Midnight Sun Mining is overvalued with Real Value of 0.35 and Hype Value of 0.42. The main objective of Midnight Sun stock analysis is to determine its intrinsic value, which is an estimate of what Midnight Sun Mining is worth, separate from its market price. There are two main types of Midnight Sun's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Midnight Sun's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Midnight Sun's stock to identify patterns and trends that may indicate its future price movements.
The Midnight Sun stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Midnight Sun is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Midnight Stock trading window is adjusted to America/Toronto timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Midnight Sun Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Midnight Stock Analysis Notes

The book value of the company was now reported as 0.09. The company recorded a loss per share of 0.02. Midnight Sun Mining had not issued any dividends in recent years. Midnight Sun Mining Corp. acquires and explores for mineral properties in Africa. Midnight Sun Mining Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. MIDNIGHT SUN operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange. To find out more about Midnight Sun Mining contact the company at 604-336-9959 or learn more at https://www.midnightsunmining.com.

Midnight Sun Mining Investment Alerts

Midnight Sun Mining had very high historical volatility over the last 90 days
Midnight Sun Mining has some characteristics of a very speculative penny stock
Midnight Sun Mining has high likelihood to experience some financial distress in the next 2 years
Midnight Sun Mining has accumulated 376.27 K in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Midnight Sun Mining has a current ratio of 0.21, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Midnight Sun until it has trouble settling it off, either with new capital or with free cash flow. So, Midnight Sun's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Midnight Sun Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Midnight to invest in growth at high rates of return. When we think about Midnight Sun's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (1.54 M) with profit before overhead, payroll, taxes, and interest of 0.
Midnight Sun Mining has accumulated about 25.29 K in cash with (1.62 M) of positive cash flow from operations.
Latest headline from news.google.com: Pasofino Gold names Brett Richards as new CEO - Investing.com

Midnight Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 70.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Midnight Sun's market, we take the total number of its shares issued and multiply it by Midnight Sun's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Midnight Profitablity

Midnight Sun's profitability indicators refer to fundamental financial ratios that showcase Midnight Sun's ability to generate income relative to its revenue or operating costs. If, let's say, Midnight Sun is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Midnight Sun's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Midnight Sun's profitability requires more research than a typical breakdown of Midnight Sun's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.11)(0.12)
Return On Capital Employed(0.08)(0.09)
Return On Assets(0.11)(0.12)
Return On Equity(0.14)(0.14)

Management Efficiency

Midnight Sun Mining has return on total asset (ROA) of (0.0561) % which means that it has lost $0.0561 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1215) %, meaning that it generated substantial loss on money invested by shareholders. Midnight Sun's management efficiency ratios could be used to measure how well Midnight Sun manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.12 in 2024. Return On Capital Employed is likely to drop to -0.09 in 2024. At this time, Midnight Sun's Net Tangible Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 15.6 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 7.7 M in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 0.11  0.14 
Tangible Book Value Per Share 0.11  0.14 
Enterprise Value Over EBITDA(26.69)(25.36)
Price Book Value Ratio 2.70  2.09 
Enterprise Value Multiple(26.69)(25.36)
Price Fair Value 2.70  2.09 
Enterprise Value30.7 M32.2 M
Leadership effectiveness at Midnight Sun Mining is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Beta
0.922
Return On Assets
(0.06)
Return On Equity
(0.12)

Technical Drivers

As of the 14th of December 2024, Midnight Sun secures the Risk Adjusted Performance of 0.0575, downside deviation of 6.81, and Mean Deviation of 4.84. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Midnight Sun Mining, as well as the relationship between them. Please verify Midnight Sun Mining standard deviation and the relationship between the treynor ratio and kurtosis to decide if Midnight Sun Mining is priced some-what accurately, providing market reflects its recent price of 0.43 per share.

Midnight Sun Mining Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Midnight Sun middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Midnight Sun Mining. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Midnight Sun Outstanding Bonds

Midnight Sun issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Midnight Sun Mining uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Midnight bonds can be classified according to their maturity, which is the date when Midnight Sun Mining has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Midnight Sun Predictive Daily Indicators

Midnight Sun intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Midnight Sun stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Midnight Sun Forecast Models

Midnight Sun's time-series forecasting models are one of many Midnight Sun's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Midnight Sun's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Midnight Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Midnight Sun prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Midnight shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Midnight Sun. By using and applying Midnight Stock analysis, traders can create a robust methodology for identifying Midnight entry and exit points for their positions.
Last ReportedProjected for Next Year

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Midnight Sun to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Bollinger Bands Now

   

Bollinger Bands

Use Bollinger Bands indicator to analyze target price for a given investing horizon
All  Next Launch Module

Additional Tools for Midnight Stock Analysis

When running Midnight Sun's price analysis, check to measure Midnight Sun's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Midnight Sun is operating at the current time. Most of Midnight Sun's value examination focuses on studying past and present price action to predict the probability of Midnight Sun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midnight Sun's price. Additionally, you may evaluate how the addition of Midnight Sun to your portfolios can decrease your overall portfolio volatility.