Midland Exploration Inc. (CVE:MD – Get Free Report)’s share price passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$0.40 and traded as low as C$0.34. Midland Exploration shares last traded at C$0.34, with a volume of 76,500 shares changing hands.
Midland Exploration Stock Performance
The firm has a market capitalization of C$43.06 million, a price-to-earnings ratio of -34.50 and a beta of 1.55. The company has a current ratio of 5.32, a quick ratio of 4.21 and a debt-to-equity ratio of 0.48. The stock’s 50-day moving average is C$0.38 and its 200-day moving average is C$0.40.
Midland Exploration Company Profile
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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