Midland Exploration Inc. (CVE:MD – Get Free Report) shares hit a new 52-week low on Thursday. The company traded as low as C$0.32 and last traded at C$0.32, with a volume of 113,554 shares traded. The stock had previously closed at C$0.34.
Midland Exploration Price Performance
The company has a current ratio of 5.32, a quick ratio of 4.21 and a debt-to-equity ratio of 0.48. The firm’s 50 day moving average price is C$0.37 and its two-hundred day moving average price is C$0.43. The company has a market capitalization of C$39.94 million, a price-to-earnings ratio of -32.00 and a beta of 1.35.
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. Midland Exploration Inc was incorporated in 1995 and is headquartered in Montreal, Canada.
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