Midland Exploration (CVE:MD) Sets New 52-Week Low – What’s Next?

Midland Exploration Inc. (CVE:MDGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$0.28 and last traded at C$0.33, with a volume of 55580 shares. The stock had previously closed at C$0.32.

Midland Exploration Stock Performance

The company has a quick ratio of 4.21, a current ratio of 2.43 and a debt-to-equity ratio of 0.07. The firm has a market cap of C$27.36 million, a P/E ratio of -10.50 and a beta of 1.05. The firm has a fifty day moving average of C$0.33 and a 200-day moving average of C$0.34.

Midland Exploration Company Profile

(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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