Midland Exploration (CVE:MD) Hits New 1-Year Low – Should You Sell?

Midland Exploration Inc. (CVE:MDGet Free Report)’s stock price reached a new 52-week low on Tuesday . The company traded as low as C$0.30 and last traded at C$0.31, with a volume of 64664 shares traded. The stock had previously closed at C$0.32.

Midland Exploration Stock Up 1.7 %

The company has a current ratio of 2.43, a quick ratio of 4.21 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of C$26.50 million, a price-to-earnings ratio of -10.17 and a beta of 1.05. The firm has a 50 day moving average price of C$0.33 and a two-hundred day moving average price of C$0.34.

Midland Exploration (CVE:MDGet Free Report) last issued its quarterly earnings results on Thursday, August 15th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$0.06 million during the quarter.

About Midland Exploration

(Get Free Report)

Midland Exploration Inc, a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold deposits, platinum group elements, and base metals. It holds interest in the Abitibi, Appalachians, James Bay, Grenville, and Nunavik region projects.

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