Midland Exploration (CVE:MD) Sets New 1-Year Low – Here’s What Happened

Midland Exploration Inc. (CVE:MDGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.28 and last traded at C$0.29, with a volume of 35000 shares changing hands. The stock had previously closed at C$0.30.

Midland Exploration Stock Performance

The firm has a market cap of C$26.50 million, a PE ratio of -10.17 and a beta of 1.05. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.21 and a current ratio of 2.43. The firm’s 50 day moving average price is C$0.31 and its two-hundred day moving average price is C$0.33.

About Midland Exploration

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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.

Further Reading

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