Want to see TSE:MD full AI Analyst Report?
MD Stock Chart & Stats
C$0.38
-C$0.02(-5.13%)
At close: 4:00 PM EDT
C$0.38
-C$0.02(-5.13%)
Day’s Range― - ―
52-Week RangeC$0.32 - C$0.59
Previous CloseN/A
Volume45.73K
Average Volume (3M)32.04K
Market Cap
C$43.06M
Enterprise ValueC$38.04M
Total Cash (Recent Filing)C$10.43M
Total Debt (Recent Filing)C$242.03K
Price to Earnings (P/E)―
Beta0.70
Next Earnings
Dec 03, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.02
Shares Outstanding124,802,910
10 Day Avg. Volume44,058
30 Day Avg. Volume32,040
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
Very Low LeverageMinimal leverage materially reduces refinancing and solvency risk, giving Midland greater resilience through uneven exploration results. The lightly indebted balance sheet also preserves financial flexibility to fund property advancement and pursue opportunities without a heavy interest burden.
Strong Gross MarginsThe consistently high gross margin indicates that Midland’s exploration-related monetization model can retain substantial value when projects generate revenue or transaction proceeds. This provides an attractive underlying economics base, even though operating expenses currently prevent profitability.
Capital Cushion For ExplorationA sizable asset and equity base relative to revenue gives Midland a cushion to continue exploration and property advancement while it seeks partner funding or other monetization opportunities. That capitalization supports business continuity and reduces immediate dependence on debt financing.
Bears Say
Persistent UnprofitabilityPersistent operating and net losses show that Midland’s current project portfolio and corporate cost base are not yet producing sustainable earnings. Continued unprofitability can erode equity over time and limits internally generated funding for exploration, making successful project advancement especially important.
Ongoing Cash BurnNegative operating cash flow in every reported period, together with worsening TTM burn, demonstrates that Midland does not currently fund operations internally. Sustained cash consumption creates dependence on financing, partner contributions, or property transactions to maintain exploration activity.
Volatile Declining RevenueSmall, uneven revenue and a recent TTM decline make Midland’s financial performance difficult to predict and limit the visibility of recurring funding. Because the company relies on exploration monetization rather than producing mines, project timing and transaction outcomes can materially affect results.
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$0.32 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$43.06M.
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 39 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.
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 124,802,910 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. 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
Eskay Mining
―
Fortune Minerals
―
Geomega Resources
―
Namibia Critical Metals Inc
―
Quartz Mountain Resources
―



