Midland Exploration Inc (TSE:MD)

:MD

Midland Exploration

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Midland Exploration (MD) Price & Analysis

11 Followers

MD Stock Chart & Stats

C$0.46

<C$0.01(1.67%)

At close: Jan 08 4:00 PM EST

C$0.46

<C$0.01(1.67%)

Day’s Range― - ―

52-Week RangeC$0.30 - C$0.59

Previous CloseN/A

Volume2.00K

Average Volume (3M)81.14K

Market Cap

C$49.71M

Enterprise ValueC$43.69M

Total Cash (Recent Filing)C$10.42M

Total Debt (Recent Filing)C$253.27K

Price to Earnings (P/E)―

Beta0.56

Next Earnings

May 08, 2026

EPS EstimateN/A

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)>-0.01

Shares Outstanding112,973,450

10 Day Avg. Volume102,239

30 Day Avg. Volume81,143

Financial Highlights & Ratios

PEG Ratio27.79

Price to Book (P/B)1.17

Price to Sales (P/S)317.57

P/FCF Ratio-22.36

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

Bulls Say, Bears Say

Bulls Say

Very Low Leverage / Strong Balance SheetExtremely low leverage provides durable financial flexibility for a mineral explorer: it lowers bankruptcy risk, reduces fixed financing costs, and allows Midland to carry exploration programs or wait for favorable partner earn-ins without urgent refinancing, supporting multi‑period project development.

Sharp Revenue Rebound With High Gross MarginA pronounced revenue rebound coupled with an ~82% gross margin indicates the core exploration activities currently exhibit strong direct economics. Over months this supports project-level profitability on successful targets and provides scope to allocate partner returns or monetize assets while direct cost structure remains efficient.

Partner-funded, Option/JV Business ModelA business model that routinely structures partner earn‑ins reduces Midland’s capital intensity and dilutes exploration risk across participants. This model is structurally durable: it enables steady pipeline growth, conserves cash, and creates multiple monetization paths (cash, equity, royalties) without sole reliance on internal funding.

Bears Say

Negative Operating And Free Cash FlowConsistent negative operating and free cash flow forces dependence on external financing or partner transactions for ongoing exploration. Over the medium term this heightens dilution risk, constrains discretionary project spending, and limits the firm’s ability to self-fund follow-up work even if discoveries occur.

Persistent Negative ProfitabilityMaterial and persistent losses mean the company is not yet converting exploration progress into positive operating returns. Over months this erodes retained capital, reduces reinvestment capacity, and can weaken bargaining power in JV deals, making long‑term sustainable earnings an unresolved structural risk.

Early-stage Exploration And Asset Monetization UncertaintyConcentration on early-stage targets produces high outcome variability and long lead times to value realization. Structural dependence on partner transactions and asset sales makes revenue streams lumpy and contingent on discovery and third‑party decisions, increasing execution and cash‑flow uncertainty over the medium term.

Midland Exploration News

Midland and SOQUEM to Launch IP Survey at High-Grade Malaco Mountain Discovery

An update from Midland Exploration ( ($TSE:MD) ) is now available. Midland Exploration, in partnership with SOQUEM, is...

26d ago

Midland launches IP survey to advance Caniapisc Au gold project in Quebec

Midland Exploration ( ($TSE:MD) ) just unveiled an update. Midland Exploration has launched a 24 line-kilometre induced polarization...

2M ago

Midland Launches IP Survey to Advance Caniapisc Au Gold Project in Quebec

Midland Exploration ( ($TSE:MD) ) has provided an update. Midland Exploration has launched a 24 line-kilometre induced polarization...

2M ago

Midland Exploration Grants 870,000 Stock Options to Align Management With Growth Plans

An announcement from Midland Exploration ( ($TSE:MD) ) is now available. Midland Exploration Inc. has granted 870,000 incentive...

2M ago

Midland Maps Out $12 Million Quebec Exploration Push for 2026

The latest announcement is out from Midland Exploration ( ($TSE:MD) ). Midland Exploration has outlined an extensive 2026...

2M ago

Midland Launches First-Ever Drill Program on Reinterpreted Jouvex Gold Target in Abitibi

An announcement from Midland Exploration ( ($TSE:MD) ) is now available. Midland Exploration has begun a 1,600-metre helicopter-supported...

3M ago

Midland Launches New Drilling Program on Jouvex Gold Project Near Douay Deposit

The latest update is out from Midland Exploration ( ($TSE:MD) ). Midland Exploration has launched a 1,600-metre helicopter-supported...

3M ago

Midland and Rio Tinto Expand Lithium, Cesium and Gold Potential at Galinée Project

Midland Exploration ( ($TSE:MD) ) has provided an update. Midland Exploration, in partnership with Rio Tinto Exploration Canada,...

4M ago

Midland Exploration Completes $3.0 Million Private Placement

An announcement from Midland Exploration ( ($TSE:MD) ) is now available. Midland Exploration Inc. has successfully closed a...

5M ago

Midland and SOQUEM Uncover New High-Grade Mineral Showings in Quebec

An announcement from Midland Exploration ( ($TSE:MD) ) is now available. Midland Exploration Inc., in collaboration with SOQUEM...

5M ago

MD FAQ

What was Midland Exploration Inc’s price range in the past 12 months?

Midland Exploration Inc lowest stock price was C$0.29 and its highest was C$0.59 in the past 12 months.

What is Midland Exploration Inc’s market cap?

Midland Exploration Inc’s market cap is C$49.71M.

When is Midland Exploration Inc’s upcoming earnings report date?

Midland Exploration Inc’s upcoming earnings report date is May 08, 2026 which is in 11 days.

How were Midland Exploration Inc’s earnings last quarter?

Midland Exploration Inc released its earnings results on Feb 12, 2026. The company reported -C$0.005 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.005.

Is Midland Exploration Inc overvalued?

According to Wall Street analysts Midland Exploration Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Midland Exploration Inc pay dividends?

Midland Exploration Inc does not currently pay dividends.

What is Midland Exploration Inc’s EPS estimate?

Midland Exploration Inc’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Midland Exploration Inc have?

Midland Exploration Inc has 112,973,450 shares outstanding.

What happened to Midland Exploration Inc’s price movement after its last earnings report?

Midland Exploration Inc reported an EPS of -C$0.005 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -5.769%.

Which hedge fund is a major shareholder of Midland Exploration Inc?

Currently, no hedge funds are holding shares in TSE:MD

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Midland Exploration Inc

Midland Exploration (MD) is a Canadian mining exploration company focused on the discovery and development of mineral resources in Quebec and Ontario. The company specializes in gold, copper, and other base metals, leveraging advanced geological techniques and strategic partnerships to identify and evaluate potential mining sites. Midland Exploration is committed to sustainable practices and aims to deliver value to its shareholders through innovative exploration projects and efficient resource management.