Midland Exploration (CVE:MD) Stock Price Crosses Below 200 Day Moving Average of $0.46

Midland Exploration Inc. (CVE:MD – Get Rating) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.46 and traded as low as C$0.36. Midland Exploration shares last traded at C$0.36, with a volume of 4,000 shares traded.

Midland Exploration Price Performance

The firm has a fifty day moving average of C$0.39 and a 200 day moving average of C$0.46. The company has a market capitalization of C$27.24 million and a P/E ratio of -25.71. The company has a current ratio of 4.28, a quick ratio of 4.24 and a debt-to-equity ratio of 0.25.

Midland Exploration (CVE:MD – Get Rating) last released its quarterly earnings results on Friday, May 6th. The company reported C($0.01) earnings per share (EPS) for the quarter. The business had revenue of C$0.01 million during the quarter.

Midland Exploration Company Profile

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Midland Exploration Inc, a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It holds 100% interest in 460 claims covering an area of 260 square kilometers located in the Abitibi region between the towns of Amos and Matagami. The company explores for gold, platinum group elements, and base metals.

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