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

Midland Exploration Inc. (CVE:MD – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday. The company traded as low as C$0.36 and last traded at C$0.36, with a volume of 122,600 shares changing hands. The stock had previously closed at C$0.38.

Midland Exploration Trading Down 6.6%

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

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

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