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MD Stock Chart & Stats
C$0.46
<C$0.01(1.67%)
At close: 4:00 PM EST
C$0.46
<C$0.01(1.67%)
Day’s Range― - ―
52-Week RangeC$0.32 - C$0.59
Previous CloseN/A
Volume2.00K
Average Volume (3M)81.14K
Market Cap
C$42.93M
Enterprise ValueC$41.92M
Total Cash (Recent Filing)C$7.66M
Total Debt (Recent Filing)C$247.81K
Price to Earnings (P/E)―
Beta0.56
Next Earnings
Aug 13, 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
Low Leverage / Conservative Balance SheetA very low debt-to-equity (~0.5%) and sizable equity give Midland flexibility to fund exploration rounds and withstand setbacks. This conservatively financed capital structure reduces insolvency and refinancing risk, supporting multi-month project timelines and deal-making optionality.
High Gross MarginA TTM gross margin around 91% shows that when revenue is realized, direct project economics are favorable. For an explorer, high gross margins imply most incremental revenue can flow to profitability once operating overhead is controlled or shifted to partners, improving long-term project returns.
Partnership-Driven Business ModelMidland's reliance on option, JV and partnership structures spreads technical and capital risk, enabling project advancement without sole funding. Over months this model scales the pipeline, preserves cash, and creates milestone/royalty optionality that supports sustainable exploration progress.
Bears Say
Persistent Cash BurnOperating cash flow is negative across all reported periods, with TTM OCF around -$2.6M and FCF about -$4.0M. Ongoing cash burn forces reliance on external financing or partner-funded work, raising dilution risk and limiting the company's ability to self-fund multiple simultaneous exploration programs.
Consistent Net Losses & Negative ReturnsThe company reports consistent net losses and an extremely negative TTM net margin (~ -498%), driven by exploration and overhead exceeding any project income. Persistent losses depress returns on equity and hinder accumulation of internally generated capital needed for sustained asset advancement.
Volatile And Declining Revenue BaseTTM revenue is very small and has fallen sharply (~ -127%), reflecting episodic receipts tied to deals or project milestones. This top-line volatility constrains multi-period planning, increases dependence on JV/options for funding, and makes predictable progression of multiple targets difficult without external partners.
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$42.93M.
When is Midland Exploration Inc’s upcoming earnings report date?
Midland Exploration Inc’s upcoming earnings report date is Aug 13, 2026 which is in 22 days.
How were Midland Exploration Inc’s earnings last quarter?
Midland Exploration Inc released its earnings results on May 08, 2026. The company reported -C$0.003 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.003.
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$0.003 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -4.444%.
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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