Midland Exploration (CVE:MD) Hits New 52-Week Low – What’s Next?

Midland Exploration Inc. (CVE:MDGet Free Report) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$0.28 and last traded at C$0.30, with a volume of 39965 shares traded. The stock had previously closed at C$0.29.

Midland Exploration Trading Up 6.8 %

The firm has a market cap of C$27.36 million, a PE ratio of -10.50 and a beta of 1.05. The company’s 50 day moving average price is C$0.32 and its two-hundred day moving average price is C$0.33. The company has a quick ratio of 4.21, a current ratio of 2.43 and a debt-to-equity ratio of 0.07.

About Midland Exploration

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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.

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