Midland Exploration (CVE:MD) Shares Pass Above 200 Day Moving Average – Here’s Why

Midland Exploration Inc. (CVE:MDGet Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.32 and traded as high as C$0.36. Midland Exploration shares last traded at C$0.35, with a volume of 72,851 shares.

Midland Exploration Trading Down 1.4 %

The stock has a fifty day moving average of C$0.31 and a 200 day moving average of C$0.32. The company has a market capitalization of C$32.77 million, a P/E ratio of -15.52 and a beta of 1.05. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.21 and a current ratio of 3.12.

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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