Midland Exploration (CVE:MD) Sets New 52-Week Low – Should You Sell?

Midland Exploration Inc. (CVE:MDGet Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.28 and last traded at C$0.33, with a volume of 55580 shares. The stock had previously closed at C$0.32.

Midland Exploration Stock Performance

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 firm has a fifty day moving average price of C$0.33 and a 200 day moving average price of C$0.34. The company has a market cap of C$27.36 million, a price-to-earnings ratio of -10.50 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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