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MD Stock Chart & Stats
C$0.39
-C$0.02(-5.13%)
At close: 4:00 PM EDT
C$0.39
-C$0.02(-5.13%)
Day’s Range― - ―
52-Week RangeC$0.35 - C$0.59
Previous CloseN/A
Volume45.73K
Average Volume (3M)81.14K
Market Cap
C$44.06M
Enterprise ValueC$38.04
Total Cash (Recent Filing)C$7.66M
Total Debt (Recent Filing)C$247.81K
Price to Earnings (P/E)―
Beta0.59
Next Earnings
Dec 03, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding112,973,450
10 Day Avg. Volume102,239
30 Day Avg. Volume81,143
Financial Highlights & Ratios
PEG Ratio27.75
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
Conservative Balance SheetA very low debt burden and sizable equity reduce bankruptcy and refinancing risk, giving Midland flexibility to fund exploration through equity, JV cash flows, or staged financings. This durable capital structure supports continued operations during extended exploration cycles.
Partner-funded Exploration ModelMidland’s business model centers on structuring earn-ins and JV agreements that shift exploration costs to partners and monetize project value. Over the medium term this asset-light model can preserve capital, accelerate project advancement, and scale discovery value without heavy capex.
High Underlying Gross MarginA high gross margin indicates strong value in discovered mineralized material or favorable project economics when direct costs are considered. If Midland converts exploration successes into funded development or sale agreements, high gross margins improve the odds of eventual project-level profitability.
Bears Say
Persistent Cash BurnSteady negative operating and free cash flow necessitate continued external financing or partner transactions. Over the next several months this increases dilution risk or forces asset sales/accelerated JV deals, constraining strategic optionality if funding conditions tighten.
Consistent Losses And Revenue DeclineSharp top-line volatility and persistently deep net losses show that operating costs and exploration spending overwhelm any revenue. This makes the pathway to sustained profitability uncertain and could impair ability to secure favorable partner terms or attract long-term capital.
No Producing Assets; Volatile Revenue TimingReliance on intermittent option/JV payments and property dispositions creates structurally lumpy, non-recurring cash flows. That revenue volatility complicates multi-period planning, increases funding unpredictability, and leaves operations exposed to deal timing and commodity-cycle dynamics.
Midland Exploration News
MD FAQ
What was Midland Exploration Inc’s price range in the past 12 months?
Midland Exploration Inc lowest stock price was C$0.34 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$44.06M.
When is Midland Exploration Inc’s upcoming earnings report date?
Midland Exploration Inc’s upcoming earnings report date is Dec 03, 2026 which is in 111 days.
How were Midland Exploration Inc’s earnings last quarter?
Midland Exploration Inc released its earnings results on Aug 13, 2026. The company reported -C$0.006 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Midland Exploration Inc overvalued?
According to Wall Street analysts Midland Exploration Inc’s price is currently Overvalued.
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$0.006 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -2.564%.
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 Inc. is a Canadian company primarily engaged in the identification, acquisition, and assessment of mineral deposits across the country. The firm holds outright ownership of 460 mineral claims, collectively spanning 260 square kilometers. These assets are strategically located within Quebec's Abitibi region, positioned between the communities of Amos and Matagami. Midland's exploration endeavors are concentrated on discovering gold, platinum group elements, and various base metals. Established in 1995, the company maintains its corporate headquarters in Montreal, Canada.
Technical Analysis
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