Midland Exploration (CVE:MD) Share Price Passes Below 200-Day Moving Average of $0.96

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Midland Exploration Inc. (CVE:MD) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.96 and traded as low as $0.81. Midland Exploration shares last traded at $0.81, with a volume of 9,732 shares trading hands.

The business’s fifty day moving average price is C$0.84 and its 200 day moving average price is C$0.95. The firm has a market capitalization of $57.86 million and a PE ratio of -73.64.

Midland Exploration (CVE:MD) last announced its earnings results on Thursday, August 8th. The company reported C$0.01 EPS for the quarter.

About Midland Exploration (CVE:MD)

Midland Exploration Inc, a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold, nickel, copper, cobalt, zinc, and precious metal deposits, as well as base metals. It holds interest in various projects located in the Abitibi, Grenville-Appalaches, James Bay, Northern Quebec, and Labrador Trough.

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