Midland Exploration (CVE:MD) Stock Price Up 10.2% – What’s Next?

Midland Exploration Inc. (CVE:MD)’s stock price was up 10.2% on Thursday . The stock traded as high as C$0.49 and last traded at C$0.49. Approximately 227,000 shares traded hands during mid-day trading, an increase of 210% from the average daily volume of 73,151 shares. The stock had previously closed at C$0.44.

Midland Exploration Price Performance

The firm has a market capitalization of C$54.23 million, a PE ratio of -24.00 and a beta of 1.25. The firm’s fifty day moving average price is C$0.51 and its 200 day moving average price is C$0.49. The company has a current ratio of 5.91, a quick ratio of 4.21 and a debt-to-equity ratio of 0.55.

About Midland Exploration

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. Midland Exploration Inc was incorporated in 1995 and is headquartered in Montreal, Canada.