After Today’s Huge Decline, Is Midland Exploration Inc.’s Near-Term Analysis Negative?

 After Today's Huge Decline, Is Midland Exploration Inc.'s Near Term Analysis Negative?

The stock of Midland Exploration Inc. (CVE:MD) is a huge mover today! About 19,432 shares traded hands. Midland Exploration Inc. (CVE:MD) has risen 6.00% since October 11, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.
The move comes after 6 months negative chart setup for the $60.10 million company. It was reported on Nov, 10 by Barchart.com. We have $0.97 PT which if reached, will make CVE:MD worth $8.41M less.

More important recent Midland Exploration Inc. (CVE:MD) news were published by: Marketwired.com which released: “Midland Exploration Announces the Grant of Options” on June 16, 2016, also Marketwired.com published article titled: “Midland Exploration Announces Completion of Private Placement”, Juniorminingnetwork.com published: “Midland Exploration Discovers Platinum and Palladium Showings and Commences …” on October 18, 2016. More interesting news about Midland Exploration Inc. (CVE:MD) was released by: Marketwired.com and their article: “Torchlight Enters Letter of Intent to Increase Ownership in Midland Basin Assets” with publication date: November 10, 2016.

Midland Exploration Inc. is engaged in the mining exploration business. The company has a market cap of $60.10 million. The Company’s activities include the acquisition and exploration of mining properties. It currently has negative earnings. The Firm is focused on gold, platinum group elements, base metals and rear earth metal mine discoveries in Quebec, Canada.

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