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$0.29 - C$0.59

Previous CloseN/A

Volume2.00K

Average Volume (3M)81.14K

Market Cap

C$51.97M

Enterprise ValueC$45.95M

Total Cash (Recent Filing)C$10.42M

Total Debt (Recent Filing)C$253.27K

Price to Earnings (P/E)―

Beta0.66

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 gives Midland durable financial flexibility to fund exploration via equity, partner arrangements or staged investments. This reduces bankruptcy and interest burden risk, enabling the firm to weather exploration cycles and pursue opportunistic transactions over months.

High Gross Margins And Recent Revenue ReboundA very high gross margin and a sharp TTM revenue rebound indicate efficient direct-cost structure for successful activities. Structurally this supports scalable economics on monetized projects and makes partnership deals more attractive, improving long-term project returns if discoveries continue.

Partner-funded Option/joint-venture Business ModelMidland's model of option and JV arrangements transfers exploration cost and technical risk to partners while retaining upside via interests, payments, or royalties. This durable model conserves cash, accelerates activity across a broader portfolio and limits direct capex requirements over time.

Bears Say

Persistent Negative Operating And Free Cash FlowSustained negative operating and free cash flow forces reliance on external financing, asset sales, or partner funding to sustain operations. Over a multi-month horizon this raises dilution and execution risk, constraining the company's ability to independently advance projects or absorb delays.

Chronic Unprofitability And Negative ReturnsMaterial and persistent losses, reflected in negative margins and underwhelming returns, mean capital invested is not yet generating profits. This reduces internal reinvestment capacity, weakens negotiating leverage with partners, and lengthens the timeline to a self-sustaining operating model.

Early-stage Exploration Revenue Volatility And Monetization UncertaintyAs an early-stage explorer, Midland faces binary, long-lead outcomes: discoveries, partner earn-ins or asset sales drive value. Revenue and cash depend on episodic transactions, making near-term operational planning and predictable growth difficult and keeping business outcome risk elevated over months.

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...

5d 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...

1M 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...

1M 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,...

3M 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...

4M 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...

4M ago

MD FAQ

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

Midland Exploration Inc lowest stock price was C$0.28 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$51.97M.

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 32 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

Midland Exploration Stock Smart Score

Neutral

Fundamentals

Return on Equity

-4.60%

Trailing 12-Months

Asset Growth

13.53%

Trailing 12-Months

Top Smart Score Stocks >

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.