Midland Exploration (CVE:MD) Shares Cross Below 200 Day Moving Average – Time to Sell?

Shares of Midland Exploration Inc. (CVE:MDGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.32 and traded as low as C$0.31. Midland Exploration shares last traded at C$0.32, with a volume of 46,000 shares traded.

Midland Exploration Trading Up 3.2 %

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 stock has a market capitalization of C$29.96 million, a PE ratio of -14.19 and a beta of 1.05. The stock’s 50 day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.32.

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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