Midland Exploration Inc. (CVE:MD – Get Free Report) hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.32 and last traded at C$0.32, with a volume of 113,554 shares trading hands. The stock had previously closed at C$0.34.
Midland Exploration Stock Down 5.9%
The firm’s 50-day moving average price is C$0.37 and its 200-day moving average price is C$0.43. The company has a market cap of C$39.94 million, a price-to-earnings ratio of -32.00 and a beta of 1.35. The company has a debt-to-equity ratio of 0.48, a current ratio of 5.32 and a quick ratio of 4.21.
Midland Exploration Company Profile
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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