Midland Exploration (CVE:MD) Reaches New 12-Month Low – What’s Next?

Midland Exploration Inc. (CVE:MDGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as C$0.28 and last traded at C$0.30, with a volume of 39965 shares trading hands. The stock had previously closed at C$0.29.

Midland Exploration Stock Up 1.7 %

The stock’s 50-day moving average price is C$0.32 and its two-hundred day moving average price is C$0.33. The company has a current ratio of 2.43, a quick ratio of 4.21 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of C$25.63 million, a P/E ratio of -9.83 and a beta of 1.05.

About Midland Exploration

(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.

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