Midland Exploration (CVE:MD) Shares Pass Above 200-Day Moving Average of $0.39

Midland Exploration Inc. (CVE:MDGet Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.39 and traded as high as C$0.40. Midland Exploration shares last traded at C$0.39, with a volume of 34,611 shares.

Midland Exploration Trading Down 2.5 %

The company has a market cap of C$33.88 million, a price-to-earnings ratio of -39.00 and a beta of 1.21. The company has a quick ratio of 4.21, a current ratio of 3.83 and a debt-to-equity ratio of 0.10. The company’s 50-day moving average is C$0.39 and its 200 day moving average is C$0.39.

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.

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