Midland Exploration (CVE:MD) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Midland Exploration Inc. (CVE:MDGet Free Report) shares crossed 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$0.33. Midland Exploration shares last traded at C$0.32, with a volume of 10,000 shares.

Midland Exploration Stock Performance

The company’s 50 day moving average price is C$0.32 and its 200-day moving average price is C$0.32. The stock has a market cap of C$29.96 million, a P/E ratio of -14.19 and a beta of 1.05. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.21 and a current ratio of 3.12.

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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