Midland Exploration (CVE:MD) Hits New 1-Year Low – Here’s Why

Midland Exploration Inc. (CVE:MDGet Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.37 and last traded at C$0.38, with a volume of 54319 shares changing hands. The stock had previously closed at C$0.38.

Midland Exploration Stock Up 1.3%

The firm has a 50-day moving average price of C$0.39 and a two-hundred day moving average price of C$0.43. The firm has a market cap of C$47.43 million, a price-to-earnings ratio of -38.00 and a beta of 1.42. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.21 and a current ratio of 5.32.

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. Midland Exploration Inc was incorporated in 1995 and is headquartered in Montreal, Canada.

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