Midland Exploration (CVE:MD) Reaches New 1-Year Low – Time to Sell?

Midland Exploration Inc. (CVE:MDGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.28 and last traded at C$0.29, with a volume of 113701 shares traded. The stock had previously closed at C$0.29.

Midland Exploration Stock Up 1.8 %

The stock has a market cap of C$25.19 million, a P/E ratio of -9.67 and a beta of 1.05. The firm has a 50 day simple moving average of C$0.31 and a 200-day simple moving average of C$0.33. The company has a quick ratio of 4.21, a current ratio of 2.43 and a debt-to-equity ratio of 0.07.

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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