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

Midland Exploration Inc. (CVE:MD – Get Free Report)’s stock price reached a new 52-week low during trading on Friday. The company traded as low as C$0.37 and last traded at C$0.37, with a volume of 81374 shares trading hands. The stock had previously closed at C$0.39.

Midland Exploration Price Performance

The firm has a market capitalization of C$46.18 million, a PE ratio of -37.00 and a beta of 1.42. The stock has a 50-day moving average price of C$0.39 and a 200 day moving average price of C$0.41. The company has a quick ratio of 4.21, a current ratio of 5.32 and a debt-to-equity ratio of 0.48.

Midland Exploration Company Profile

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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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