Midland Exploration (CVE:MD) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Midland Exploration Inc. (CVE:MDGet Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.32 and traded as high as C$0.35. Midland Exploration shares last traded at C$0.33, with a volume of 349,300 shares.

Midland Exploration Stock Down 4.3 %

The company has a debt-to-equity ratio of 0.04, a current ratio of 3.12 and a quick ratio of 4.21. The firm has a market capitalization of C$30.89 million, a PE ratio of -14.63 and a beta of 1.05. The company has a 50-day moving average price of C$0.31 and a 200 day moving average price of C$0.32.

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. 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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