Midland Exploration (CVE:MD) Shares Pass Above 50-Day Moving Average – Here’s Why

Midland Exploration Inc. (CVE:MDGet Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.32 and traded as high as C$0.35. Midland Exploration shares last traded at C$0.30, with a volume of 78,205 shares traded.

Midland Exploration Stock Performance

The firm’s fifty day moving average is C$0.32 and its 200 day moving average is C$0.33. The firm has a market capitalization of C$26.06 million, a price-to-earnings ratio of -10.00 and a beta of 1.05. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.43 and a quick ratio of 4.21.

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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