Shares of Midland Exploration Inc. (CVE:MD – Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as C$0.31 and last traded at C$0.32, with a volume of 19233 shares trading hands. The stock had previously closed at C$0.32.
Midland Exploration Price Performance
The company has a market cap of C$28.23 million, a price-to-earnings ratio of -10.33 and a beta of 1.03. 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 price is C$0.33 and its 200-day moving average price is C$0.36.
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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