Midland Exploration (CVE:MD) Reaches New 1-Year Low – Here’s What Happened

Midland Exploration Inc. (CVE:MDGet Free Report) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.37 and last traded at C$0.40, with a volume of 94350 shares changing hands. The stock had previously closed at C$0.39.

Midland Exploration Stock Up 3.9%

The company has a debt-to-equity ratio of 0.48, a current ratio of 5.32 and a quick ratio of 4.21. The business’s 50 day moving average price is C$0.39 and its 200 day moving average price is C$0.44. The firm has a market cap of C$49.92 million, a PE ratio of -40.00 and a beta of 1.40.

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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