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Midnight Sun Mining (TSXV:MMA) FCF Yield % : -3.48 (As of May. 24, 2024)


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What is Midnight Sun Mining FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Midnight Sun Mining's Trailing 12-Month Free Cash Flow is C$-1.62 Mil, and Market Cap is C$46.63 Mil. Therefore, Midnight Sun Mining's FCF Yield % for today is -3.48%.

The historical rank and industry rank for Midnight Sun Mining's FCF Yield % or its related term are showing as below:

TSXV:MMA' s FCF Yield % Range Over the Past 10 Years
Min: -12.47   Med: 0   Max: 0
Current: -3.48


TSXV:MMA's FCF Yield % is ranked better than
73.61% of 2709 companies
in the Metals & Mining industry
Industry Median: -12.33 vs TSXV:MMA: -3.48

Midnight Sun Mining's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.


Midnight Sun Mining FCF Yield % Historical Data

The historical data trend for Midnight Sun Mining's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Midnight Sun Mining FCF Yield % Chart

Midnight Sun Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.45 -4.25 -3.84 -9.21 -5.37

Midnight Sun Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.96 -8.56 -5.47 -3.00 -3.76

Competitive Comparison of Midnight Sun Mining's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Midnight Sun Mining's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Midnight Sun Mining's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Midnight Sun Mining's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Midnight Sun Mining's FCF Yield % falls into.



Midnight Sun Mining FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Midnight Sun Mining's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-1.623 / 30.238155
=-5.37%

Midnight Sun Mining's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.284 * 4 / 30.238155
=-3.76%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Midnight Sun Mining FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Midnight Sun Mining FCF Yield % Related Terms

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Midnight Sun Mining (TSXV:MMA) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 1H2
Midnight Sun Mining Corp is an exploration-stage company. The company is engaged in the acquisition and exploration of mineral property interests. It focuses on the exploration and discovery of copper deposits in the prolific Zambian-Congo Copperbelt. The company's mineral exploration in Zambia is located directly adjacent to the largest copper mine in Africa - First Quantum Minerals' Kansanshi copper/gold mine. It has one reportable operating segment, which is the acquisition and exploration of mineral properties.
Executives
Allan John Fabbro 10% Security Holder, Director, Senior Officer

Midnight Sun Mining (TSXV:MMA) Headlines