Midland Exploration (CVE:MD) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Midland Exploration Inc. (CVE:MDGet Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.33 and traded as low as C$0.31. Midland Exploration shares last traded at C$0.31, with a volume of 4,000 shares trading hands.

Midland Exploration Trading Up 1.7 %

The company has a 50-day simple moving average of C$0.32 and a 200-day simple moving average of C$0.33. 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 stock has a market cap of C$26.50 million, a P/E ratio of -10.17 and a beta of 1.05.

Midland Exploration Company Profile

(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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