Midland Exploration (CVE:MD) Stock Price Crosses Below Two Hundred Day Moving Average of $0.43

Midland Exploration Inc. (CVE:MDGet Rating)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.43 and traded as low as C$0.39. Midland Exploration shares last traded at C$0.40, with a volume of 79,300 shares traded.

Midland Exploration Stock Up 5.3 %

The firm has a market cap of C$30.27 million and a price-to-earnings ratio of -28.57. The company has a current ratio of 4.26, a quick ratio of 4.21 and a debt-to-equity ratio of 0.22. The firm has a 50 day moving average price of C$0.39 and a 200-day moving average price of C$0.43.

About Midland Exploration

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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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