Midland Exploration (CVE:MD) Shares Pass Below 200-Day Moving Average – What’s Next?

Midland Exploration Inc. (CVE:MDGet Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.32 and traded as low as C$0.32. Midland Exploration shares last traded at C$0.33, with a volume of 19,891 shares trading hands.

Midland Exploration Stock Up 1.5 %

The company has a current ratio of 3.12, a quick ratio of 4.21 and a debt-to-equity ratio of 0.04. The firm has a market cap of C$30.89 million, a P/E ratio of -14.63 and a beta of 1.05. The company’s 50 day simple moving average is C$0.32 and its 200-day simple moving average is C$0.32.

About Midland Exploration

(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.

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