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

Shares of Midland Exploration Inc. (CVE:MDGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.37 and last traded at C$0.40, with a volume of 94350 shares changing hands. The stock had previously closed at C$0.39.

Midland Exploration Stock Up 3.9%

The business’s fifty day simple moving average is C$0.39 and its two-hundred day simple moving average is C$0.44. The company has a market cap of C$49.92 million, a PE ratio of -40.00 and a beta of 1.40. The company has a debt-to-equity ratio of 0.48, a current ratio of 5.32 and a quick ratio of 4.21.

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

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