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

Midland Exploration Inc. (CVE:MDGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$0.28 and last traded at C$0.30, with a volume of 148100 shares trading hands. The stock had previously closed at C$0.30.

Midland Exploration Price Performance

The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.21 and a current ratio of 2.43. The firm has a market cap of C$25.19 million, a PE ratio of -9.83 and a beta of 1.05. The stock has a 50 day simple moving average of C$0.33 and a two-hundred day simple moving average of C$0.33.

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.

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