Key Points
- Director Simon Lussier bought 25,000 Midland Exploration shares on May 29 at C$0.44 each, spending a total of C$11,000.
- After the purchase, Lussier’s direct stake rose to 40,000 shares, a 166.67% increase in ownership, valued at about C$17,600.
- Midland Exploration shares were trading at C$0.44, near their 50-day average, with a market cap of C$49.71 million and a 12-month range of C$0.30 to C$0.59.
Midland Exploration Inc. (CVE:MD - Get Free Report) Director Simon Lussier acquired 25,000 shares of the company's stock in a transaction on Friday, May 29th. The stock was acquired at an average price of C$0.44 per share, with a total value of C$11,000.00. Following the purchase, the director directly owned 40,000 shares in the company, valued at approximately C$17,600. This represents a 166.67% increase in their ownership of the stock.
Midland Exploration Price Performance
Shares of Midland Exploration stock opened at C$0.44 on Wednesday. Midland Exploration Inc. has a twelve month low of C$0.30 and a twelve month high of C$0.59. The company has a quick ratio of 4.21, a current ratio of 5.46 and a debt-to-equity ratio of 0.54. The company has a 50-day simple moving average of C$0.44 and a two-hundred day simple moving average of C$0.47. The stock has a market capitalization of C$49.71 million, a price-to-earnings ratio of -22.00 and a beta of 1.53.
Midland Exploration Company Profile
(
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. Midland Exploration Inc was incorporated in 1995 and is headquartered in Montreal, Canada.
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