Shares of Midland Exploration Inc. (CVE:MD – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.28 and last traded at C$0.30, with a volume of 39965 shares. The stock had previously closed at C$0.29.
Midland Exploration Trading Up 6.8 %
The stock has a fifty day simple moving average of C$0.32 and a 200 day simple moving average of C$0.33. The firm has a market capitalization of C$27.36 million, a P/E ratio of -10.50 and a beta of 1.05. The company has a quick ratio of 4.21, a current ratio of 2.43 and a debt-to-equity ratio of 0.07.
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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