Midland Exploration (CVE:MD) Sets New 1-Year High – What’s Next?

Shares of Midland Exploration Inc. (CVE:MDGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as C$0.59 and last traded at C$0.57, with a volume of 18515 shares changing hands. The stock had previously closed at C$0.57.

Midland Exploration Stock Performance

The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.21 and a current ratio of 3.12. The stock has a market cap of C$61.01 million, a P/E ratio of -27.00 and a beta of 2.07. The company’s 50 day moving average price is C$0.48 and its 200-day moving average price is C$0.46.

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.

Further Reading

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