Midland Exploration (CVE:MD) Shares Cross Below 200-Day Moving Average of $0.38

Midland Exploration Inc. (CVE:MD – Get Rating)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.38 and traded as low as C$0.38. Midland Exploration shares last traded at C$0.38, with a volume of 61,400 shares traded.

Midland Exploration Stock Down 2.6 %

The company has a debt-to-equity ratio of 0.22, a current ratio of 4.26 and a quick ratio of 4.21. The stock has a market capitalization of C$31.32 million and a PE ratio of -27.14. The company has a 50 day moving average price of C$0.37 and a 200-day moving average price of C$0.38.

Midland Exploration (CVE:MD – Get Rating) last announced its quarterly earnings results on Thursday, December 8th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$0.14 million during the quarter.

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. The company explores for gold deposits, platinum group elements, and base metals. It holds 100% interest in 460 claims covering an area of approximately 260 square kilometers located in the Abitibi region between the towns of Amos and Matagami.