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

Midland Exploration Inc. (CVE:MDGet Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as C$0.28 and last traded at C$0.29, with a volume of 35000 shares changing hands. The stock had previously closed at C$0.30.

Midland Exploration Stock Performance

The company has a quick ratio of 4.21, a current ratio of 2.43 and a debt-to-equity ratio of 0.07. The firm has a market cap of C$26.06 million, a price-to-earnings ratio of -10.00 and a beta of 1.05. The business’s fifty day moving average is C$0.31 and its two-hundred day moving average is C$0.33.

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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