Shares of Midland Exploration Inc. (CVE:MD – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.36 and traded as low as C$0.32. Midland Exploration shares last traded at C$0.33, with a volume of 19,800 shares changing hands.
Midland Exploration Price Performance
The company has a market cap of C$28.23 million, a P/E ratio of -10.83 and a beta of 1.04. The firm’s 50-day moving average is C$0.33 and its two-hundred day moving average is C$0.36. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.05 and a quick ratio of 4.21.
About Midland Exploration
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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