Shares of Midland Exploration Inc. (CVE:MD – Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.42 and traded as low as C$0.39. Midland Exploration shares last traded at C$0.40, with a volume of 50,825 shares.
Midland Exploration Price Performance
The stock has a market cap of C$44.62 million, a price-to-earnings ratio of -19.75 and a beta of 1.39. The company has a debt-to-equity ratio of 0.54, a current ratio of 5.46 and a quick ratio of 4.21. The stock’s 50 day simple moving average is C$0.42 and its two-hundred day simple moving average is C$0.47.
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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