Midland Exploration Inc. (CVE:MD – Get Free Report) shares hit a new 52-week low during trading on Wednesday. The stock traded as low as C$0.33 and last traded at C$0.32, with a volume of 75,260 shares traded. The stock had previously closed at C$0.34.
Midland Exploration Stock Performance
The company has a market capitalization of C$44.31 million, a price-to-earnings ratio of -35.50 and a beta of 1.55. The company has a debt-to-equity ratio of 0.48, a current ratio of 5.32 and a quick ratio of 4.21. The company’s 50-day moving average price is C$0.38 and its two-hundred day moving average price is C$0.41.
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. Midland Exploration Inc was incorporated in 1995 and is headquartered in Montreal, Canada.
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