Midland Exploration (CVE:MD) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Midland Exploration Inc. (CVE:MDGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.32 and traded as high as C$0.36. Midland Exploration shares last traded at C$0.35, with a volume of 37,809 shares traded.

Midland Exploration Stock Down 1.4 %

The firm has a market cap of C$32.30 million, a price-to-earnings ratio of -15.30 and a beta of 1.05. The business’s 50 day moving average price is C$0.32 and its 200 day moving average price is C$0.32. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.21 and a current ratio of 3.12.

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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