Shares of Midland Exploration Inc. (CVE:MD – Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.32 and last traded at C$0.34, with a volume of 55001 shares traded. The stock had previously closed at C$0.35.
Midland Exploration Stock Performance
The stock has a 50 day moving average price of C$0.37 and a two-hundred day moving average price of C$0.38. The company has a current ratio of 3.83, a quick ratio of 4.21 and a debt-to-equity ratio of 0.10. The company has a market cap of C$29.10 million, a price-to-earnings ratio of -35.00 and a beta of 1.14.
Midland Exploration Company Profile
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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