Midland Exploration Inc. (TSXV:MD)

Midland Exploration Statistics

Total Valuation

TSXV:MD has a market cap or net worth of CAD 58.75 million. The enterprise value is 48.58 million.

Market Cap	58.75M
Enterprise Value	48.58M

Important Dates

The next estimated earnings date is Friday, May 8, 2026.

Earnings Date	May 8, 2026
Ex-Dividend Date	n/a

Share Statistics

TSXV:MD has 112.97 million shares outstanding. The number of shares has increased by 14.39% in one year.

Current Share Class	112.97M
Shares Outstanding	112.97M
Shares Change (YoY)	+14.39%
Shares Change (QoQ)	+2.52%
Owned by Insiders (%)	4.70%
Owned by Institutions (%)	17.78%
Float	97.05M

Valuation Ratios

PE Ratio	n/a
Forward PE	n/a
PS Ratio	158.33
PB Ratio	1.27
P/TBV Ratio	1.27
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	-24.61
EV / Sales	130.93
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	-7.54

Financial Position

The company has a current ratio of 5.91, with a Debt / Equity ratio of 0.01.

Current Ratio	5.91
Quick Ratio	5.87
Debt / Equity	0.01
Debt / EBITDA	n/a
Debt / FCF	-0.04
Interest Coverage	-157.79

Financial Efficiency

Return on equity (ROE) is -4.52% and return on invested capital (ROIC) is -4.09%.

Return on Equity (ROE)	-4.52%
Return on Assets (ROA)	-3.92%
Return on Invested Capital (ROIC)	-4.09%
Return on Capital Employed (ROCE)	-6.14%
Weighted Average Cost of Capital (WACC)	9.64%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.01
Inventory Turnover	n/a

Taxes

Income Tax	-559,533
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +46.48% in the last 52 weeks. The beta is 0.98, so TSXV:MD's price volatility has been similar to the market average.

Beta (5Y)	0.98
52-Week Price Change	+46.48%
50-Day Moving Average	0.50
200-Day Moving Average	0.43
Relative Strength Index (RSI)	51.20
Average Volume (20 Days)	45,441

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TSXV:MD had revenue of CAD 371,026 and -1.97 million in losses. Loss per share was -0.02.

Revenue	371,026
Gross Profit	371,026
Operating Income	-2.86M
Pretax Income	-2.53M
Net Income	-1.97M
EBITDA	-1.56M
EBIT	-2.86M
Loss Per Share	-0.02

Balance Sheet

The company has 10.42 million in cash and 253,273 in debt, with a net cash position of 10.17 million or 0.09 per share.

Cash & Cash Equivalents	10.42M
Total Debt	253,273
Net Cash	10.17M
Net Cash Per Share	0.09
Equity (Book Value)	46.34M
Book Value Per Share	0.41
Working Capital	9.23M

Cash Flow

In the last 12 months, operating cash flow was -2.48 million and capital expenditures -3.96 million, giving a free cash flow of -6.44 million.

Operating Cash Flow	-2.48M
Capital Expenditures	-3.96M
Free Cash Flow	-6.44M
FCF Per Share	-0.06

Margins

Gross Margin	100.00%
Operating Margin	-771.18%
Pretax Margin	-682.78%
Profit Margin	n/a
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

TSXV:MD does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-14.39%
Shareholder Yield	-14.39%
Earnings Yield	-3.36%
FCF Yield	-10.96%

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	n/a
Graham Upside	n/a

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

TSXV:MD has an Altman Z-Score of 10.16 and a Piotroski F-Score of 2.

Altman Z-Score	10.16
Piotroski F-Score	2