Midland Exploration (CVE:MD) Hits New 1-Year Low – What’s Next?

Midland Exploration Inc. (CVE:MD – Get Free Report)’s share price reached a new 52-week low on Friday. The company traded as low as C$0.37 and last traded at C$0.37, with a volume of 81374 shares. The stock had previously closed at C$0.39.

Midland Exploration Stock Down 3.9%

The company’s fifty day simple moving average is C$0.39 and its 200-day simple moving average is C$0.41. The firm has a market capitalization of C$46.18 million, a PE ratio of -37.00 and a beta of 1.42. The company has a debt-to-equity ratio of 0.48, a current ratio of 5.32 and a quick ratio of 4.21.

Midland Exploration Company Profile

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

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