Midland Exploration (CVE:MD) Sets New 52-Week Low – Here’s Why

Shares of Midland Exploration Inc. (CVE:MD – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as C$0.33 and last traded at C$0.32, with a volume of 75,260 shares trading hands. The stock had previously closed at C$0.34.

Midland Exploration Price Performance

The firm has a market capitalization of C$41.18 million, a P/E ratio of -33.00 and a beta of 1.55. The firm has a 50 day moving average price of C$0.38 and a 200-day moving average price of C$0.41. 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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