Midland Exploration (CVE:MD) Share Price Crosses Below 200-Day Moving Average – What’s Next?

Midland Exploration Inc. (CVE:MDGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.32 and traded as low as C$0.30. Midland Exploration shares last traded at C$0.31, with a volume of 11,000 shares changing hands.

Midland Exploration Stock Performance

The firm has a market cap of C$26.93 million, a P/E ratio of -10.33 and a beta of 1.05. The business’s fifty day simple moving average is C$0.31 and its 200-day simple moving average is C$0.32. The company has a current ratio of 2.43, a quick ratio of 4.21 and a debt-to-equity ratio of 0.07.

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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