Midland Exploration (CVE:MD) Reaches New 52-Week Low – Should You Sell?

Midland Exploration Inc. (CVE:MD – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday. The stock traded as low as C$0.36 and last traded at C$0.36, with a volume of 122600 shares trading hands. The stock had previously closed at C$0.38.

Midland Exploration Stock Down 6.6%

The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.21 and a current ratio of 5.32. The company has a market cap of C$44.31 million, a PE ratio of -35.50 and a beta of 1.55. The stock’s 50 day moving average price is C$0.39 and its 200-day moving average price is C$0.41.

Midland Exploration Company Profile

(Get Free Report)

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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