Midland Exploration (CVE:MD) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Midland Exploration Inc. (CVE:MDGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.32 and traded as high as C$0.33. Midland Exploration shares last traded at C$0.33, with a volume of 6,000 shares changing hands.

Midland Exploration Stock 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 stock has a 50 day moving average of C$0.31 and a 200 day moving average of C$0.32. The stock has a market capitalization of C$28.23 million, a P/E ratio of -10.83 and a beta of 1.05.

About Midland Exploration

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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.

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