Midland Exploration (MD) AI Stock Analysis

• Market Cap: C$53.19M
• Dividend Yield: N/A
• Average Volume (3M): 81.14K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.21
• Revenue Growth: -49.87%
• EPS Growth: 51.25%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 107,450,580
• 10 Day Avg. Volume: 102,239
• 30 Day Avg. Volume: 81,143
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 53 Neutral
• Price Target: C$0.50 ▲(8.70% Upside)

Midland Exploration's stock score is primarily influenced by its financial performance and technical analysis. The company shows financial stability with low leverage and strong free cash flow growth, but struggles with profitability and operational efficiency. The technical indicators reveal strong bullish momentum, although overbought conditions suggest caution. The valuation is weak due to negative earnings and lack of dividends.

Midland Exploration Business Overview & Revenue Model

Company Description

Midland Exploration Inc., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It holds 100% interest in 460 claims covering an area of 260 square kilometers located in the Abitibi region between the towns of Amos and Matagami. The company explores for gold, platinum group elements, and base metals. Midland Exploration Inc. was incorporated in 1995 and is headquartered in Montreal, Canada.

How the Company Makes Money

Midland Exploration generates revenue primarily through the exploration and development of mineral properties, which may eventually lead to partnerships or joint ventures with larger mining companies. The company often enters into option agreements, where it allows other companies to earn an interest in its projects by funding exploration and development costs. Additionally, Midland may benefit from government grants or tax incentives related to mineral exploration. Revenue may also come from the sale of mineral rights or royalties from production if any of its projects advance to the mining stage. Key partnerships with established mining firms enhance its capabilities and provide access to additional funding and resources, further contributing to its revenue streams.

Midland Exploration Financial Statement Overview

Summary

Midland Exploration faces significant financial challenges, with declining revenue and negative profitability metrics. Despite a strong equity position and low leverage, the company's inability to generate positive cash flow and achieve profitability poses risks to its financial health.

Income Statement

Midland Exploration's financial performance shows declining revenue with inconsistent growth rates and negative profitability margins. The company's Gross Profit Margin is relatively high, indicating effective cost management in core operations. However, the Net Profit Margin remains deeply negative, indicating significant losses. The EBIT and EBITDA margins are both negative, reflecting challenges in covering operational expenses and generating operating income.

Balance Sheet

The company maintains a strong equity base with a low Debt-to-Equity Ratio, suggesting financial stability and low leverage risks. However, the Return on Equity (ROE) is negative, indicating that the company's losses are reducing shareholder value. The Equity Ratio is high, showing a solid proportion of equity financing compared to total assets.

Cash Flow

The cash flow analysis reveals challenges in cash generation and capital expenditure management. Operating Cash Flow is negative, indicating difficulties in generating cash from operations. Free Cash Flow is also negative, reflecting significant cash outflows relative to inflows. The Free Cash Flow to Net Income Ratio is unfavorable, highlighting inefficiencies in converting income into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	150.52K	194.95K	314.97K	210.41K	202.22K	23.75K
Gross Profit	121.82K	165.06K	285.08K	180.52K	172.33K	-6.14K
EBITDA	-1.96M	-1.91M	-1.52M	-1.55M	-1.59M	-1.89M
Net Income	-1.41M	-1.95M	-1.11M	-1.90M	-1.02M	-1.35M
Balance Sheet
Total Assets	42.83M	41.22M	41.66M	39.22M	39.92M	38.89M
Cash, Cash Equivalents and Short-Term Investments	5.70M	4.78M	4.96M	6.41M	7.43M	11.02M
Total Debt	263.65K	16.61K	51.11K	82.41K	110.75K	136.15K
Total Liabilities	2.44M	1.70M	1.88M	921.93K	1.57M	1.39M
Stockholders Equity	40.39M	39.52M	39.78M	38.29M	38.34M	37.50M
Cash Flow
Free Cash Flow	-4.70M	-4.52M	-4.64M	-5.32M	-6.84M	-4.94M
Operating Cash Flow	-1.99M	-1.60M	-464.72K	-1.19M	-1.20M	-1.24M
Investing Cash Flow	-1.19M	-1.75M	-2.37M	-995.64K	-834.91K	725.61K
Financing Cash Flow	2.46M	2.48M	3.39M	2.59M	2.22M	1.47M

Midland Exploration Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.46
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MD, the sentiment is Neutral. The current price of 0.46 is below the 20-day moving average (MA) of 0.51, below the 50-day MA of 0.49, and above the 200-day MA of 0.37, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 40.64 is Neutral, neither overbought nor oversold. The STOCH value of 24.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:MD.

Midland Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MD	―	C$53.19M	-31.73	-3.54%	―	-49.87%	51.25%
PGZ	―	C$45.64M	-6.64	-135.11%	―	―	33.33%
STS	―	$11.15M	-1.22	―	―	―	―
ELBM	―	C$37.00M	-1.17	-43.54%	―	―	67.49%
NICO	―	C$8.28M	―	―	―	―	26.42%

Midland Exploration Corporate Events

Midland Exploration Uncovers New Gold Deposits at Caniapisc Au Project

Midland Exploration Inc. announced successful findings from its September exploration program at the Caniapisc Au project, revealing new gold-bearing boulders with a maximum value of 24.5 g/t Au. The program included geological mapping, prospecting, and a geophysical survey, with significant gold values found in several samples. These results enhance the project’s potential and guide future exploration efforts, underscoring the strategic importance of the Raynouard Complex’s mineral-rich geology.

The most recent analyst rating on (TSE:MD) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Midland Exploration stock, see the TSE:MD Stock Forecast page.

Midland Exploration Resumes Work on Promising Jouvex Gold Project

Midland Exploration Inc. has resumed work on its Jouvex gold project, located northwest of the Douay gold deposit in Abitibi. The company is conducting an induced polarization survey to refine drilling targets identified through previous magnetic surveys. This exploration aims to investigate a new potentially gold-bearing target in the south part of the property, which has shown promising geological features similar to those found in the Douay deposit. The upcoming winter diamond drilling campaign is expected to further assess the potential for gold-bearing syenite intrusions, with permit applications already in process.

The most recent analyst rating on (TSE:MD) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Midland Exploration stock, see the TSE:MD Stock Forecast page.

Midland and SOQUEM Discover New Copper-Gold-REE Zone in Labrador Trough

Midland Exploration Inc., in partnership with SOQUEM Inc., has announced the discovery of a new mineralized zone containing copper, gold, and rare earth elements in the Labrador Trough. This discovery, which includes high-grade samples of copper and gold, has led to the acquisition of 36 exclusive exploration rights over a 17.4 km² area named Malaco Mountain. The find enhances the potential for copper, gold, and REE in the region and represents a significant development in the ongoing exploration efforts under the strategic alliance between Midland and SOQUEM.

The most recent analyst rating on (TSE:MD) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Midland Exploration stock, see the TSE:MD Stock Forecast page.

Midland Exploration Advances Gold-Zinc-Silver Discoveries with New Projects

Midland Exploration has initiated a follow-up exploration program on its recent discovery of gold, zinc, and silver mineralization at the Caniapisc Au project. This program includes geological mapping, prospecting, and soil sampling to further investigate the identified mineralized boulders and anomalies. Additionally, Midland has designated two new projects, Lac Bernard and Viau, in the same area, which show promising mineral signatures. The ongoing efforts aim to refine exploration targets and enhance the company’s resource base, potentially strengthening its market position and offering new opportunities for stakeholders.

The most recent analyst rating on (TSE:MD) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Midland Exploration stock, see the TSE:MD Stock Forecast page.

Midland Exploration Unveils Major Gold-Zinc-Silver Discovery at Caniapisc Au Project

Midland Exploration Inc. has announced a significant discovery of a gold-zinc-silver mineralized system at its Caniapisc Au project in James Bay. This discovery, characterized by various metal assemblages and extensive anomalies, underscores the project’s potential and could enhance Midland’s position in the mineral exploration industry. The acquisition of new claims and promising sampling results suggest a fertile environment for further exploration, potentially benefiting stakeholders by increasing the company’s resource base and market valuation.

The most recent analyst rating on (TSE:MD) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Midland Exploration stock, see the TSE:MD Stock Forecast page.

Midland Exploration Launches New Exploration Program on Saruman Project

Midland Exploration Inc. has commenced an exploration program on its Saruman project, located in the Eeyou Istchee James Bay region, to investigate copper-gold-molybdenum-silver occurrences identified in 2024. The project, consisting of 121 claims over 64 square kilometers, revealed strong copper anomalies in a high-density lake sediment survey. Despite initial findings, the mineralization observed does not fully explain the extent of these anomalies, suggesting a potential Cu-Au-Mo-Ag system on the property. This exploration could significantly impact Midland’s operations and industry positioning by potentially uncovering valuable mineral resources in a relatively unexplored area.

The most recent analyst rating on (TSE:MD) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Midland Exploration stock, see the TSE:MD Stock Forecast page.