Simon Lussier Purchases 25,000 Shares of Midland Exploration (CVE:MD) Stock

Midland Exploration Inc. (CVE:MD) Director Simon Lussier purchased 25,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were acquired at an average cost of C$0.44 per share, with a total value of C$11,000.00. Following the completion of the transaction, the director directly owned 40,000 shares of the company’s stock, valued at C$17,600. The trade was a 166.67% increase in their position.

Midland Exploration Stock Performance

Shares of MD opened at C$0.44 on Thursday. The company has a current ratio of 5.46, a quick ratio of 4.21 and a debt-to-equity ratio of 0.54. The company has a market capitalization of C$49.14 million, a price-to-earnings ratio of -21.75 and a beta of 1.53. The stock has a 50 day moving average of C$0.44 and a 200 day moving average of C$0.47. Midland Exploration Inc. has a 12 month low of C$0.30 and a 12 month high of C$0.59.

About Midland Exploration

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.