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Midland Exploration Inc
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Let's analyse Midland Exploration Inc together

PenkeI guess you are interested in Midland Exploration Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Midland Exploration Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Midland Exploration Inc (30 sec.)










What can you expect buying and holding a share of Midland Exploration Inc? (30 sec.)

How much money do you get?

How much money do you get?
C$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
C$0.47
Expected worth in 1 year
C$0.48
How sure are you?
55.2%

+ What do you gain per year?

Total Gains per Share
C$0.00
Return On Investment
1.3%

For what price can you sell your share?

Current Price per Share
C$0.36
Expected price per share
C$0.33 - C$0.44
How sure are you?
50%

1. Valuation of Midland Exploration Inc (5 min.)




Live pricePrice per Share (EOD)

C$0.36

Intrinsic Value Per Share

C$-0.66 - C$-0.77

Total Value Per Share

C$-0.19 - C$-0.30

2. Growth of Midland Exploration Inc (5 min.)




Is Midland Exploration Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$30.1m$29m$776.5k2.6%

How much money is Midland Exploration Inc making?

Current yearPrevious yearGrowGrow %
Making money-$264.8k-$311.8k$46.9k17.7%
Net Profit Margin-916.2%-1,120.4%--

How much money comes from the company's main activities?

3. Financial Health of Midland Exploration Inc (5 min.)




4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#300 / 897

Most Revenue
#306 / 897

Most Profit
#322 / 897

Most Efficient
#729 / 897

What can you expect buying and holding a share of Midland Exploration Inc? (5 min.)

Welcome investor! Midland Exploration Inc's management wants to use your money to grow the business. In return you get a share of Midland Exploration Inc.

What can you expect buying and holding a share of Midland Exploration Inc?

First you should know what it really means to hold a share of Midland Exploration Inc. And how you can make/lose money.

Speculation

The Price per Share of Midland Exploration Inc is C$0.355. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Midland Exploration Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Midland Exploration Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$0.47. Based on the TTM, the Book Value Change Per Share is C$0.00 per quarter. Based on the YOY, the Book Value Change Per Share is C$0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Midland Exploration Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.00-0.9%0.00-0.9%0.00-1.0%0.00-0.7%0.00-0.7%
Usd Book Value Change Per Share0.012.7%0.000.2%0.000.5%0.001.2%0.013.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.012.7%0.000.2%0.000.5%0.001.2%0.013.4%
Usd Price Per Share0.28-0.38-0.32-0.50-0.56-
Price to Earnings Ratio-21.35--211.89--58.87--105.30--89.87-
Price-to-Total Gains Ratio28.82--8,760.57--134.86--2,077.11--1,344.37-
Price to Book Ratio0.81-1.10-0.96-1.57-2.02-
Price-to-Total Gains Ratio28.82--8,760.57--134.86--2,077.11--1,344.37-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.2613865
Number of shares3825
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.000.00
Usd Total Gains Per Share0.000.00
Gains per Quarter (3825 shares)3.2615.93
Gains per Year (3825 shares)13.0563.73
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1013306454
2026160127118
3039290191182
4052420255246
5065550319310
6078680382374
7091810446438
80104940510502
901171070574566
1001311200637630

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%1.019.00.05.0%2.027.00.06.9%2.027.00.06.9%
Book Value Change Per Share2.02.00.050.0%5.07.00.041.7%9.011.00.045.0%16.013.00.055.2%16.013.00.055.2%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.029.00.0%0.00.029.00.0%
Total Gains per Share2.02.00.050.0%5.07.00.041.7%9.011.00.045.0%16.013.00.055.2%16.013.00.055.2%

Fundamentals of Midland Exploration Inc

About Midland Exploration Inc

Midland Exploration Inc., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold deposits, platinum group elements, and base metals. It holds interest in the Abitibi, Appalachians, James Bay, Grenville, and Nunavik region projects. Midland Exploration Inc. was incorporated in 1995 and is headquartered in Montreal, Canada.

Fundamental data was last updated by Penke on 2024-03-14 03:02:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Midland Exploration Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Midland Exploration Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Midland Exploration Inc to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -1,215.5% means that $-12.15 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Midland Exploration Inc:

  • The MRQ is -1,215.5%. The company is making a huge loss. -2
  • The TTM is -916.2%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-1,215.5%TTM-916.2%-299.3%
TTM-916.2%YOY-1,120.4%+204.2%
TTM-916.2%5Y-28,409.9%+27,493.7%
5Y-28,409.9%10Y-20,024.5%-8,385.4%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-1,215.5%-35.3%-1,180.2%
TTM-916.2%-40.5%-875.7%
YOY-1,120.4%-50.7%-1,069.7%
5Y-28,409.9%-330.2%-28,079.7%
10Y-20,024.5%-750.2%-19,274.3%
1.1.2. Return on Assets

Shows how efficient Midland Exploration Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Midland Exploration Inc to the Other Industrial Metals & Mining industry mean.
  • -0.9% Return on Assets means that Midland Exploration Inc generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Midland Exploration Inc:

  • The MRQ is -0.9%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -0.9%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.9%TTM-0.9%0.0%
TTM-0.9%YOY-1.1%+0.2%
TTM-0.9%5Y-0.8%-0.1%
5Y-0.8%10Y-0.9%+0.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%-6.0%+5.1%
TTM-0.9%-6.8%+5.9%
YOY-1.1%-5.9%+4.8%
5Y-0.8%-9.2%+8.4%
10Y-0.9%-12.0%+11.1%
1.1.3. Return on Equity

Shows how efficient Midland Exploration Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Midland Exploration Inc to the Other Industrial Metals & Mining industry mean.
  • -0.9% Return on Equity means Midland Exploration Inc generated $-0.01 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Midland Exploration Inc:

  • The MRQ is -0.9%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -0.9%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-0.9%TTM-0.9%0.0%
TTM-0.9%YOY-1.1%+0.2%
TTM-0.9%5Y-0.8%-0.1%
5Y-0.8%10Y-0.9%+0.1%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.9%-6.9%+6.0%
TTM-0.9%-7.5%+6.6%
YOY-1.1%-6.1%+5.0%
5Y-0.8%-9.8%+9.0%
10Y-0.9%-12.8%+11.9%

1.2. Operating Efficiency of Midland Exploration Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Midland Exploration Inc is operating .

  • Measures how much profit Midland Exploration Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Midland Exploration Inc to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Midland Exploration Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-2,323.8%+2,323.8%
TTM-5Y-36,455.6%+36,455.6%
5Y-36,455.6%10Y-25,855.4%-10,600.2%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ--285.5%+285.5%
TTM--46.7%+46.7%
YOY-2,323.8%-76.4%-2,247.4%
5Y-36,455.6%-361.7%-36,093.9%
10Y-25,855.4%-693.1%-25,162.3%
1.2.2. Operating Ratio

Measures how efficient Midland Exploration Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 17.04 means that the operating costs are $17.04 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Midland Exploration Inc:

  • The MRQ is 17.041. The company is inefficient in keeping operating costs low. -1
  • The TTM is 22.266. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ17.041TTM22.266-5.225
TTM22.266YOY20.844+1.422
TTM22.2665Y339.560-317.294
5Y339.56010Y241.626+97.935
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ17.0411.951+15.090
TTM22.2661.923+20.343
YOY20.8442.082+18.762
5Y339.5604.850+334.710
10Y241.6268.674+232.952

1.3. Liquidity of Midland Exploration Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Midland Exploration Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 3.83 means the company has $3.83 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Midland Exploration Inc:

  • The MRQ is 3.825. The company is very able to pay all its short-term debts. +2
  • The TTM is 3.946. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ3.825TTM3.946-0.121
TTM3.946YOY5.580-1.634
TTM3.9465Y11.498-7.552
5Y11.49810Y12.963-1.465
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ3.8252.375+1.450
TTM3.9462.609+1.337
YOY5.5803.429+2.151
5Y11.4984.136+7.362
10Y12.9634.566+8.397
1.3.2. Quick Ratio

Measures if Midland Exploration Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Midland Exploration Inc to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 1.53 means the company can pay off $1.53 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Midland Exploration Inc:

  • The MRQ is 1.530. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.729. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.530TTM1.729-0.199
TTM1.729YOY3.277-1.548
TTM1.7295Y8.948-7.219
5Y8.94810Y9.636-0.688
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5300.893+0.637
TTM1.7290.856+0.873
YOY3.2771.119+2.158
5Y8.9481.324+7.624
10Y9.6361.428+8.208

1.4. Solvency of Midland Exploration Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Midland Exploration Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Midland Exploration Inc to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.04 means that Midland Exploration Inc assets are financed with 4.3% credit (debt) and the remaining percentage (100% - 4.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Midland Exploration Inc:

  • The MRQ is 0.043. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.039. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.043TTM0.039+0.004
TTM0.039YOY0.041-0.002
TTM0.0395Y0.034+0.005
5Y0.03410Y0.033+0.001
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0430.192-0.149
TTM0.0390.190-0.151
YOY0.0410.151-0.110
5Y0.0340.212-0.178
10Y0.0330.238-0.205
1.4.2. Debt to Equity Ratio

Measures if Midland Exploration Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Midland Exploration Inc to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 4.5% means that company has $0.04 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Midland Exploration Inc:

  • The MRQ is 0.045. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.040. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.045TTM0.040+0.005
TTM0.040YOY0.043-0.003
TTM0.0405Y0.035+0.005
5Y0.03510Y0.035+0.001
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0450.192-0.147
TTM0.0400.207-0.167
YOY0.0430.155-0.112
5Y0.0350.227-0.192
10Y0.0350.249-0.214

2. Market Valuation of Midland Exploration Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Midland Exploration Inc generates.

  • Above 15 is considered overpriced but always compare Midland Exploration Inc to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -21.35 means the investor is paying $-21.35 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Midland Exploration Inc:

  • The EOD is -19.949. Based on the earnings, the company is expensive. -2
  • The MRQ is -21.354. Based on the earnings, the company is expensive. -2
  • The TTM is -211.886. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-19.949MRQ-21.354+1.405
MRQ-21.354TTM-211.886+190.532
TTM-211.886YOY-58.871-153.015
TTM-211.8865Y-105.303-106.583
5Y-105.30310Y-89.868-15.436
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-19.949-3.740-16.209
MRQ-21.354-5.000-16.354
TTM-211.886-5.557-206.329
YOY-58.871-8.469-50.402
5Y-105.303-10.469-94.834
10Y-89.868-11.327-78.541
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Midland Exploration Inc:

  • The EOD is -7.447. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -7.971. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -14.981. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-7.447MRQ-7.971+0.524
MRQ-7.971TTM-14.981+7.010
TTM-14.981YOY2.908-17.889
TTM-14.9815Y-12.123-2.859
5Y-12.12310Y-12.752+0.629
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-7.447-3.924-3.523
MRQ-7.971-5.463-2.508
TTM-14.981-6.302-8.679
YOY2.908-8.457+11.365
5Y-12.123-12.796+0.673
10Y-12.752-13.886+1.134
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Midland Exploration Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 0.81 means the investor is paying $0.81 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Midland Exploration Inc:

  • The EOD is 0.754. Based on the equity, the company is cheap. +2
  • The MRQ is 0.807. Based on the equity, the company is cheap. +2
  • The TTM is 1.101. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.754MRQ0.807-0.053
MRQ0.807TTM1.101-0.295
TTM1.101YOY0.960+0.141
TTM1.1015Y1.567-0.466
5Y1.56710Y2.020-0.453
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.7541.161-0.407
MRQ0.8071.511-0.704
TTM1.1011.591-0.490
YOY0.9602.243-1.283
5Y1.5672.501-0.934
10Y2.0202.940-0.920
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Midland Exploration Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0130.001+1038%0.002+446%0.006+133%0.016-19%
Book Value Per Share--0.4710.466+1%0.454+4%0.445+6%0.404+17%
Current Ratio--3.8253.946-3%5.580-31%11.498-67%12.963-70%
Debt To Asset Ratio--0.0430.039+11%0.041+5%0.034+26%0.033+29%
Debt To Equity Ratio--0.0450.040+11%0.043+4%0.035+26%0.035+29%
Dividend Per Share----0%-0%-0%-0%
Eps---0.004-0.004-7%-0.005+10%-0.003-26%-0.003-26%
Free Cash Flow Per Share---0.012-0.014+20%-0.010-14%-0.011-8%-0.013+10%
Free Cash Flow To Equity Per Share--0.017-0.007+140%-0.001+104%0.000+100%0.001+1238%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---0.768--------
Intrinsic Value_10Y_min---0.660--------
Intrinsic Value_1Y_max---0.065--------
Intrinsic Value_1Y_min---0.064--------
Intrinsic Value_3Y_max---0.204--------
Intrinsic Value_3Y_min---0.195--------
Intrinsic Value_5Y_max---0.354--------
Intrinsic Value_5Y_min---0.328--------
Market Cap30839134.000-7%33010904.00044521285.000-26%37788798.000-13%59549933.400-45%66531050.621-50%
Net Profit Margin---12.155-9.162-25%-11.204-8%-284.099+2237%-200.245+1547%
Operating Margin----0%-23.2380%-364.5560%-258.5540%
Operating Ratio--17.04122.266-23%20.844-18%339.560-95%241.626-93%
Pb Ratio0.754-7%0.8071.101-27%0.960-16%1.567-49%2.020-60%
Pe Ratio-19.949+7%-21.354-211.886+892%-58.871+176%-105.303+393%-89.868+321%
Price Per Share0.355-7%0.3800.513-26%0.435-13%0.686-45%0.766-50%
Price To Free Cash Flow Ratio-7.447+7%-7.971-14.981+88%2.908-374%-12.123+52%-12.752+60%
Price To Total Gains Ratio26.919-7%28.815-8760.568+30503%-134.864+568%-2077.108+7308%-1344.370+4766%
Quick Ratio--1.5301.729-12%3.277-53%8.948-83%9.636-84%
Return On Assets---0.009-0.009-5%-0.011+17%-0.008-11%-0.009-4%
Return On Equity---0.009-0.009-5%-0.011+16%-0.008-12%-0.009-5%
Total Gains Per Share--0.0130.001+1038%0.002+446%0.006+133%0.016-19%
Usd Book Value--30134310.80329787272.732+1%29010727.311+4%28442445.007+6%25864095.562+17%
Usd Book Value Change Per Share--0.0100.001+1038%0.002+446%0.004+133%0.012-19%
Usd Book Value Per Share--0.3470.343+1%0.334+4%0.327+6%0.298+17%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.003-0.003-7%-0.004+10%-0.002-26%-0.002-26%
Usd Free Cash Flow---762292.863-911909.207+20%-654601.993-14%-699969.890-8%-838328.888+10%
Usd Free Cash Flow Per Share---0.009-0.010+20%-0.008-14%-0.008-8%-0.010+10%
Usd Free Cash Flow To Equity Per Share--0.012-0.005+140%0.000+104%0.000+100%0.001+1238%
Usd Market Cap22706854.364-7%24305928.61532781022.146-26%27823891.967-13%43846615.962-45%48986812.572-50%
Usd Price Per Share0.261-7%0.2800.377-26%0.320-13%0.505-45%0.564-50%
Usd Profit---284557.125-264899.019-7%-311812.926+10%-234184.522-18%-226727.513-20%
Usd Revenue--23411.39560620.683-61%37216.284-37%29330.768-20%25962.852-10%
Usd Total Gains Per Share--0.0100.001+1038%0.002+446%0.004+133%0.012-19%
 EOD+2 -6MRQTTM+16 -16YOY+19 -135Y+14 -1810Y+13 -19

3.2. Fundamental Score

Let's check the fundamental score of Midland Exploration Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-19.949
Price to Book Ratio (EOD)Between0-10.754
Net Profit Margin (MRQ)Greater than0-12.155
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.530
Current Ratio (MRQ)Greater than13.825
Debt to Asset Ratio (MRQ)Less than10.043
Debt to Equity Ratio (MRQ)Less than10.045
Return on Equity (MRQ)Greater than0.15-0.009
Return on Assets (MRQ)Greater than0.05-0.009
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of Midland Exploration Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.512
Ma 20Greater thanMa 500.395
Ma 50Greater thanMa 1000.381
Ma 100Greater thanMa 2000.391
OpenGreater thanClose0.390
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets42,761
Total Liabilities1,834
Total Stockholder Equity40,927
 As reported
Total Liabilities 1,834
Total Stockholder Equity+ 40,927
Total Assets = 42,761

Assets

Total Assets42,761
Total Current Assets6,987
Long-term Assets35,773
Total Current Assets
Cash And Cash Equivalents 3,655
Short-term Investments 2,661
Net Receivables 133
Total Current Assets  (as reported)6,987
Total Current Assets  (calculated)6,449
+/- 538
Long-term Assets
Property Plant Equipment 34,584
Long Term Investments 1,189
Long-term Assets  (as reported)35,773
Long-term Assets  (calculated)35,773
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities1,827
Long-term Liabilities8
Total Stockholder Equity40,927
Total Current Liabilities
Other Current Liabilities 938
Total Current Liabilities  (as reported)1,827
Total Current Liabilities  (calculated)938
+/- 888
Long-term Liabilities
Long-term Liabilities  (as reported)8
Long-term Liabilities  (calculated)0
+/- 8
Total Stockholder Equity
Total Stockholder Equity (as reported)40,927
Total Stockholder Equity (calculated)0
+/- 40,927
Other
Capital Stock57,237
Common Stock Shares Outstanding 86,871
Net Invested Capital 40,927
Net Working Capital 5,161
Property Plant and Equipment Gross 34,584



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
25,847
27,011
26,957
26,478
27,955
27,692
29,691
29,736
32,935
33,371
39,669
38,616
39,141
38,247
38,106
38,894
40,048
39,990
40,363
39,915
40,914
41,821
41,431
39,216
41,920
41,854
42,056
41,663
42,761
42,76141,66342,05641,85441,92039,21641,43141,82140,91439,91540,36339,99040,04838,89438,10638,24739,14138,61639,66933,37132,93529,73629,69127,69227,95526,47826,95727,01125,847
   > Total Current Assets 
12,225
12,115
10,929
12,498
13,643
12,405
13,267
10,640
12,967
12,371
16,027
15,074
14,710
13,142
12,453
12,252
13,019
11,971
10,352
8,997
9,414
9,886
8,663
6,806
8,077
6,341
5,795
5,679
6,987
6,9875,6795,7956,3418,0776,8068,6639,8869,4148,99710,35211,97113,01912,25212,45313,14214,71015,07416,02712,37112,96710,64013,26712,40513,64312,49810,92912,11512,225
       Cash And Cash Equivalents 
3,313
2,589
5,959
4,629
4,929
5,186
2,490
2,752
1,853
1,301
2,518
349
3,273
1,961
2,071
1,307
1,869
1,070
2,280
1,491
2,384
4,783
3,567
1,896
4,099
3,377
2,768
2,454
3,655
3,6552,4542,7683,3774,0991,8963,5674,7832,3841,4912,2801,0701,8691,3072,0711,9613,2733492,5181,3011,8532,7522,4905,1864,9294,6295,9592,5893,313
       Short-term Investments 
7,443
7,943
3,350
6,504
7,204
6,704
10,004
6,550
9,750
10,250
12,491
12,491
9,341
10,409
9,916
9,716
9,911
9,940
6,940
5,940
5,101
4,504
4,504
4,516
3,518
2,519
2,510
2,507
2,661
2,6612,5072,5102,5193,5184,5164,5044,5045,1015,9406,9409,9409,9119,7169,91610,4099,34112,49112,49110,2509,7506,55010,0046,7047,2046,5043,3507,9437,443
       Net Receivables 
1,448
1,498
1,555
1,308
1,459
454
669
1,249
1,334
160
174
197
2,059
721
424
1,188
1,216
887
1,092
1,506
1,847
494
505
339
418
131
195
225
133
1332251951314183395054941,8471,5061,0928871,2161,1884247212,0591971741601,3341,2496694541,4591,3081,5551,4981,448
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
21,000
23,642
23,542
0
25,105
25,653
26,641
27,029
28,019
30,011
30,918
31,500
31,935
32,768
32,410
33,844
35,513
36,261
35,984
35,773
35,77335,98436,26135,51333,84432,41032,76831,93531,50030,91830,01128,01927,02926,64125,65325,105023,54223,64221,000000000000
       Property Plant Equipment 
10,192
11,668
12,874
13,829
14,120
15,094
16,366
17,766
18,590
19,716
23,472
23,472
24,342
25,055
25,549
26,431
26,856
27,869
29,880
30,748
31,338
31,847
32,697
32,319
32,970
34,606
35,383
35,040
34,584
34,58435,04035,38334,60632,97032,31932,69731,84731,33830,74829,88027,86926,85626,43125,54925,05524,34223,47223,47219,71618,59017,76616,36615,09414,12013,82912,87411,66810,192
       Long Term Investments 
3,079
3,079
3,079
33
60
60
43
1,240
1,247
1,244
1,240
70
90
50
104
210
172
150
131
171
0
88
72
41
874
907
878
944
1,189
1,18994487890787441728801711311501722101045090701,2401,2441,2471,240436060333,0793,0793,079
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
21,000
23,642
23,542
0
25,105
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000025,105023,54223,64221,000000000000
> Total Liabilities 
315
930
845
819
1,012
898
910
626
1,837
1,466
1,423
1,057
805
488
357
1,389
1,221
1,383
1,728
1,574
1,230
2,376
2,092
922
1,396
1,331
1,465
1,882
1,834
1,8341,8821,4651,3311,3969222,0922,3761,2301,5741,7281,3831,2211,3893574888051,0571,4231,4661,8376269108981,012819845930315
   > Total Current Liabilities 
315
930
845
819
1,012
898
910
626
1,837
1,466
1,423
1,057
683
375
248
1,278
1,117
1,286
1,638
1,492
1,155
2,308
2,036
871
1,354
1,297
1,439
1,865
1,827
1,8271,8651,4391,2971,3548712,0362,3081,1551,4921,6381,2861,1171,2782483756831,0571,4231,4661,8376269108981,012819845930315
       Accounts payable 
74
732
829
478
327
267
841
626
337
321
1,288
1,046
271
165
165
915
182
975
1,229
1,253
231
436
738
292
161
0
0
0
0
00001612927384362311,2531,2299751829151651652711,0461,28832133762684126732747882973274
       Other Current Liabilities 
241
198
16
341
685
631
69
0
1,500
1,145
135
10
380
178
50
338
909
284
382
210
895
1,843
1,267
548
1,161
451
150
0
938
93801504511,1615481,2671,84389521038228490933850178380101351,1451,50006963168534116198241
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
113
109
111
104
97
90
82
75
67
57
51
43
34
26
17
8
817263443515767758290971041111091130000000000000
> Total Stockholder Equity
25,532
26,081
26,112
25,659
26,943
26,794
28,780
29,111
31,098
31,905
38,246
37,559
38,337
37,759
37,749
37,505
38,827
38,607
38,635
38,341
39,684
39,446
39,339
38,294
40,524
40,522
40,591
39,781
40,927
40,92739,78140,59140,52240,52438,29439,33939,44639,68438,34138,63538,60738,82737,50537,74937,75938,33737,55938,24631,90531,09829,11128,78026,79426,94325,65926,11226,08125,532
   Common Stock
34,437
35,143
35,143
35,143
36,734
36,734
38,626
39,352
42,097
43,055
48,230
48,230
49,399
49,399
49,399
49,399
51,177
51,177
51,177
51,177
52,874
52,968
52,968
52,968
55,426
0
0
0
0
000055,42652,96852,96852,96852,87451,17751,17751,17751,17749,39949,39949,39949,39948,23048,23043,05542,09739,35238,62636,73436,73435,14335,14335,14334,437
   Retained Earnings -22,989-22,421-21,562-21,546-21,359-21,105-20,018-19,838-19,460-19,068-18,726-18,672-18,395-17,912-17,621-17,529-16,884-16,454-15,705-16,084-15,799-14,998-14,547-14,686-14,452-14,085-13,535-13,425-13,148
   Capital Surplus 00000000000000000000000000000
   Treasury Stock00000000000000000000000000000
   Other Stockholders Equity 
1,922
1,922
1,922
1,922
1,922
1,922
0
0
11
70
750
750
750
750
750
750
58
0
0
0
0
0
0
0
0
0
0
0
0
000000000000587507507507507507507011001,9221,9221,9221,9221,9221,922



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-09-30)

Gross Profit (+$)
totalRevenue315
Cost of Revenue-30
Gross Profit285285
 
Operating Income (+$)
Gross Profit285
Operating Expense-1,863
Operating Income-1,548-1,578
 
Operating Expense (+$)
Research Development0
Selling General Administrative1,324
Selling And Marketing Expenses0
Operating Expense1,8631,324
 
Net Interest Income (+$)
Interest Income251
Interest Expense-0
Other Finance Cost-5
Net Interest Income246
 
Pretax Income (+$)
Operating Income-1,548
Net Interest Income246
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-2,249-600
EBIT - interestExpense = 0
-1,109
-1,109
Interest Expense0
Earnings Before Interest and Taxes (EBIT)0-2,249
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-2,249
Tax Provision--1,140
Net Income From Continuing Ops-1,109-1,109
Net Income-1,109
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-948-246
 

Technical Analysis of Midland Exploration Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Midland Exploration Inc. The general trend of Midland Exploration Inc is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Midland Exploration Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Midland Exploration Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 0.39 < 0.425 < 0.44.

The bearish price targets are: 0.35 > 0.34 > 0.33.

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Midland Exploration Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Midland Exploration Inc. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Midland Exploration Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Midland Exploration Inc. The current macd is -0.00095397.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Midland Exploration Inc price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Midland Exploration Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Midland Exploration Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Midland Exploration Inc Daily Moving Average Convergence/Divergence (MACD) ChartMidland Exploration Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Midland Exploration Inc. The current adx is 20.97.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Midland Exploration Inc shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Midland Exploration Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Midland Exploration Inc. The current sar is 0.41368316.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Midland Exploration Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Midland Exploration Inc. The current rsi is 36.51. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Midland Exploration Inc Daily Relative Strength Index (RSI) ChartMidland Exploration Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Midland Exploration Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Midland Exploration Inc price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Midland Exploration Inc Daily Stochastic Oscillator ChartMidland Exploration Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Midland Exploration Inc. The current cci is -228.20512821.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Midland Exploration Inc Daily Commodity Channel Index (CCI) ChartMidland Exploration Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Midland Exploration Inc. The current cmo is -42.51347587.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Midland Exploration Inc Daily Chande Momentum Oscillator (CMO) ChartMidland Exploration Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Midland Exploration Inc. The current willr is -100.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Midland Exploration Inc Daily Williams %R ChartMidland Exploration Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Midland Exploration Inc.

Midland Exploration Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Midland Exploration Inc. The current atr is 0.02175532.

Midland Exploration Inc Daily Average True Range (ATR) ChartMidland Exploration Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Midland Exploration Inc. The current obv is -2,436,426.

Midland Exploration Inc Daily On-Balance Volume (OBV) ChartMidland Exploration Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Midland Exploration Inc. The current mfi is 22.87.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Midland Exploration Inc Daily Money Flow Index (MFI) ChartMidland Exploration Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Midland Exploration Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-15STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-12-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-15STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-19DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-29CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-03MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-05CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-09CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-11WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-30SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-20SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Midland Exploration Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Midland Exploration Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5036.512
Ma 20Greater thanMa 500.395
Ma 50Greater thanMa 1000.381
Ma 100Greater thanMa 2000.391
OpenGreater thanClose0.390
Total2/5 (40.0%)
Penke

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