Midland Exploration (CVE:MD) Director Buys C$11,000.00 in Stock

Midland Exploration Inc. (CVE:MD) Director Simon Lussier bought 25,000 shares of the business’s stock in a transaction on Friday, May 29th. The stock was acquired at an average cost of C$0.44 per share, for a total transaction of C$11,000.00. Following the completion of the transaction, the director owned 40,000 shares in the company, valued at C$17,600. This represents a 166.67% increase in their ownership of the stock.

Midland Exploration Price Performance

Shares of CVE MD opened at C$0.42 on Friday. Midland Exploration Inc. has a 1-year low of C$0.30 and a 1-year high of C$0.59. 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 business’s fifty day moving average price is C$0.44 and its two-hundred day moving average price is C$0.47. The firm has a market capitalization of C$47.45 million, a PE ratio of -21.00 and a beta of 1.53.

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.