Midland Exploration (CVE:MD) Shares Pass Above 200-Day Moving Average – Should You Sell?

Midland Exploration Inc. (CVE:MDGet Free Report) shares crossed 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 changing hands.

Midland Exploration Stock Performance

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

About Midland Exploration

(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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