Midland Exploration (CVE:MD) Shares Cross Above 200-Day Moving Average – Time to Sell?

Midland Exploration Inc. (CVE:MDGet Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.32 and traded as high as C$0.36. Midland Exploration shares last traded at C$0.35, with a volume of 72,851 shares trading hands.

Midland Exploration Stock Performance

The firm’s fifty day moving average price is C$0.31 and its 200 day moving average price is C$0.32. The company has a current ratio of 3.12, a quick ratio of 4.21 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of C$32.77 million, a price-to-earnings ratio of -15.52 and a beta of 1.05.

About Midland Exploration

(Get Free Report)

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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