Midland Exploration (CVE:MD) Shares Pass Above 200 Day Moving Average – Here’s Why

Shares of Midland Exploration Inc. (CVE:MDGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.32 and traded as high as C$0.36. Midland Exploration shares last traded at C$0.35, with a volume of 72,851 shares traded.

Midland Exploration Stock Down 1.4 %

The company has a quick ratio of 4.21, a current ratio of 3.12 and a debt-to-equity ratio of 0.04. The company has a fifty day moving average price of C$0.31 and a 200-day moving average price of C$0.32. The stock has a market capitalization of C$32.77 million, a P/E ratio of -15.52 and a beta of 1.05.

About Midland Exploration

(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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