Midland Exploration (CVE:MD) Reaches New 1-Year Low – Should You Sell?

Midland Exploration Inc. (CVE:MDGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.37 and last traded at C$0.38, with a volume of 54319 shares trading hands. The stock had previously closed at C$0.38.

Midland Exploration Price Performance

The company’s 50-day moving average is C$0.39 and its 200 day moving average is C$0.42. The stock has a market capitalization of C$46.80 million, a PE ratio of -37.50 and a beta of 1.42. The company has a current ratio of 5.32, a quick ratio of 4.21 and a debt-to-equity ratio of 0.48.

Midland Exploration Company Profile

(Get Free Report)

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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