Shares of Midland Exploration Inc. (CVE:MD – Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as C$0.28 and last traded at C$0.30, with a volume of 70450 shares trading hands. The stock had previously closed at C$0.30.
Midland Exploration Stock Up 1.7 %
The business’s 50 day simple moving average is C$0.33 and its 200 day simple moving average is C$0.32. 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 capitalization of C$28.09 million, a PE ratio of -13.30 and a beta of 1.05.
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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