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

Midland Exploration Inc. (CVE:MDGet Free Report)’s stock price hit a new 52-week low on Tuesday . The stock traded as low as C$0.28 and last traded at C$0.29, with a volume of 35000 shares trading hands. The stock had previously closed at C$0.30.

Midland Exploration Stock Up 1.7 %

The company has a debt-to-equity ratio of 0.07, a current ratio of 2.43 and a quick ratio of 4.21. The company has a market cap of C$26.50 million, a PE ratio of -10.17 and a beta of 1.05. The business’s 50 day moving average is C$0.31 and its 200-day moving average is C$0.33.

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.

Further Reading

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