Midland Exploration (CVE:MD) Reaches New 12-Month High – What’s Next?

Midland Exploration Inc. (CVE:MD – Get Free Report)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as C$0.59 and last traded at C$0.57, with a volume of 18515 shares trading hands. The stock had previously closed at C$0.57.

Midland Exploration Price Performance

The stock has a market capitalization of C$64.39 million, a PE ratio of -28.50 and a beta of 2.07. The firm’s fifty day moving average is C$0.47 and its 200-day moving average is C$0.45. The company has a quick ratio of 4.21, a current ratio of 3.12 and a debt-to-equity ratio of 0.04.

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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