Midland Exploration (CVE:MD) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Midland Exploration Inc. (CVE:MD) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.49 and traded as low as C$0.45. Midland Exploration shares last traded at C$0.47, with a volume of 104,420 shares.

Midland Exploration Trading Down 2.1%

The company has a quick ratio of 4.21, a current ratio of 5.91 and a debt-to-equity ratio of 0.55. The firm has a market cap of C$53.10 million, a price-to-earnings ratio of -23.50 and a beta of 1.25. The business has a 50 day moving average of C$0.52 and a 200 day moving average of C$0.49.

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.