Shares of Midland Exploration Inc. (CVE:MD – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty 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 changing hands.
Midland Exploration Stock Down 6.0%
The company has a quick ratio of 4.21, a current ratio of 5.46 and a debt-to-equity ratio of 0.54. The business has a 50-day simple moving average of C$0.42 and a two-hundred day simple moving average of C$0.47. The stock has a market capitalization of C$44.62 million, a P/E ratio of -19.75 and a beta of 1.39.
About Midland Exploration
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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