Midland Exploration (CVE:MD) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Midland Exploration Inc. (CVE:MDGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.32 and traded as high as C$0.35. Midland Exploration shares last traded at C$0.33, with a volume of 349,300 shares changing hands.

Midland Exploration Stock Down 4.3 %

The company has a debt-to-equity ratio of 0.04, a current ratio of 3.12 and a quick ratio of 4.21. The firm’s 50 day moving average is C$0.31 and its two-hundred day moving average is C$0.32. The firm has a market capitalization of C$30.89 million, a P/E ratio of -14.63 and a beta of 1.05.

About Midland Exploration

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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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