Midland Exploration (CVE:MD) Hits New 12-Month Low – Here’s What Happened

Midland Exploration Inc. (CVE:MDGet Free Report)’s share price hit a new 52-week low on Monday . The stock traded as low as C$0.28 and last traded at C$0.29, with a volume of 113701 shares. The stock had previously closed at C$0.29.

Midland Exploration Stock Performance

The stock has a 50 day moving average price of C$0.31 and a two-hundred day moving average price of C$0.33. The company has a market capitalization of C$25.19 million, a price-to-earnings ratio of -9.67 and a beta of 1.05. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.43 and a quick ratio of 4.21.

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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