Midland Exploration (CVE:MD) Trading Down 3.1% – Should You Sell?

Midland Exploration Inc. (CVE:MD)’s stock price traded down 3.1% on Tuesday . The stock traded as low as C$0.30 and last traded at C$0.31. 75,028 shares traded hands during trading, an increase of 102% from the average session volume of 37,112 shares. The stock had previously closed at C$0.32.

Midland Exploration Price Performance

The company has a market capitalization of C$26.50 million, a PE ratio of -10.17 and a beta of 1.05. The company has a debt-to-equity ratio of 0.07, a quick ratio of 4.21 and a current ratio of 2.43. The company’s 50-day moving average is C$0.33 and its 200 day moving average is C$0.33.

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.