Midland Exploration (CVE:MD) Director Simon Lussier Acquires 25,000 Shares

Midland Exploration Inc. (CVE:MD) Director Simon Lussier acquired 25,000 shares of the firm’s stock in a transaction dated Friday, May 29th. The stock was purchased at an average cost of C$0.44 per share, with a total value of C$11,000.00. Following the transaction, the director owned 40,000 shares in the company, valued at approximately C$17,600. This trade represents a 166.67% increase in their ownership of the stock.

Midland Exploration Stock Performance

Shares of MD opened at C$0.44 on Wednesday. The firm has a 50-day moving average of C$0.44 and a 200-day moving average of C$0.47. Midland Exploration Inc. has a one year low of C$0.30 and a one year high of C$0.59. The company has a market cap of C$49.71 million, a PE ratio of -22.00 and a beta of 1.53. The company has a debt-to-equity ratio of 0.54, a current ratio of 5.46 and a quick ratio of 4.21.

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.