Midland Exploration (CVE:MD) Hits New 1-Year Low – Should You Sell?

Midland Exploration Inc. (CVE:MD – Get Free Report)’s share price reached a new 52-week low during trading on Thursday. The stock traded as low as C$0.36 and last traded at C$0.36, with a volume of 122600 shares changing hands. The stock had previously closed at C$0.38.

Midland Exploration Price Performance

The stock has a market capitalization of C$44.31 million, a PE ratio of -35.50 and a beta of 1.55. The firm’s fifty day moving average price is C$0.39 and its two-hundred day moving average price is C$0.41. The company has a quick ratio of 4.21, a current ratio of 5.32 and a debt-to-equity ratio of 0.48.

Midland Exploration Company Profile

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

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