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Midland Exploration Inc (TSE:MD)
:MD
Canadian Market

Midland Exploration (MD) AI Stock Analysis

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Midland Exploration

(MD)

50Neutral
Midland Exploration's overall stock score reflects its financial difficulties, with strong equity but negative profitability and cash flow. While technical indicators suggest potential stability, the negative P/E ratio underscores valuation concerns. The positive corporate events offer some optimism, indicating strategic efforts to improve future prospects.

Midland Exploration (MD) vs. S&P 500 (SPY)

Midland Exploration Business Overview & Revenue Model

Company DescriptionMidland Exploration Inc. is a Canadian mineral exploration company focused on discovering high-quality base and precious metal deposits in Quebec, Canada. The company operates within the mining sector, engaging in the exploration of gold, platinum group elements, and base metals such as copper and zinc through strategic partnerships and independent projects.
How the Company Makes MoneyMidland Exploration makes money primarily through strategic partnerships and joint venture agreements with major mining companies. These partnerships often involve Midland providing exploration expertise and conducting preliminary exploration activities to identify potential mineral deposits. In return, partner companies fund exploration costs, reducing financial risk for Midland. Additionally, Midland retains a stake in any future mining operations, potentially earning royalties or a share of profits if commercially viable deposits are developed. The company may also generate revenue by selling or optioning its mineral claims and properties to other mining companies, further leveraging its exploration successes.

Midland Exploration Financial Statement Overview

Summary
Midland Exploration's financial performance presents significant challenges, with declining revenue and negative profitability margins. Strong equity and low leverage are positives, but the inability to generate positive cash flow and achieve profitability remain considerable risks.
Income Statement
40
Negative
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
65
Positive
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
35
Negative
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
TTMSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income StatementTotal Revenue
168.51K194.95K314.97K210.41K202.22K23.75K
Gross Profit
138.62K165.06K285.08K180.52K172.33K-6.14K
EBIT
-989.90K0.00-1.55M-1.50M-1.33M-1.67M
EBITDA
-2.11M-1.91M-1.52M-1.55M-1.59M-1.89M
Net Income Common Stockholders
-2.26M-1.95M-1.11M-1.90M-1.02M-1.35M
Balance SheetCash, Cash Equivalents and Short-Term Investments
6.83M4.78M4.96M6.41M7.43M11.02M
Total Assets
42.68M41.22M41.66M39.22M39.92M38.89M
Total Debt
7.51K16.61K51.11K82.41K110.75K136.15K
Net Debt
-3.22M-1.57M-2.40M-1.81M-1.38M-1.17M
Total Liabilities
1.76M1.70M1.88M921.93K1.57M1.39M
Stockholders Equity
40.91M39.52M39.78M38.29M38.34M37.50M
Cash FlowFree Cash Flow
-3.38M-4.52M-4.64M-5.32M-6.84M-4.94M
Operating Cash Flow
-1.03M-1.60M-464.72K-1.19M-1.20M-1.24M
Investing Cash Flow
-1.85M-1.75M-2.37M-995.64K-834.91K725.61K
Financing Cash Flow
2.46M2.48M3.39M2.59M2.22M1.47M

Midland Exploration Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.33
Price Trends
50DMA
0.32
Positive
100DMA
0.32
Positive
200DMA
0.33
Positive
Market Momentum
MACD
<0.01
Positive
RSI
54.68
Neutral
STOCH
56.97
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:MD, the sentiment is Positive. The current price of 0.33 is below the 20-day moving average (MA) of 0.33, above the 50-day MA of 0.32, and above the 200-day MA of 0.33, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 54.68 is Neutral, neither overbought nor oversold. The STOCH value of 56.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:MD.

Midland Exploration Peers Comparison

Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSMD
50
Neutral
C$30.89M-5.53%-48.83%-49.71%
TSAZM
48
Neutral
C$46.29M239.130.39%
47
Neutral
$2.64B-3.82-29.05%3.32%2.72%-29.50%
TSSOI
45
Neutral
C$17.17M-1.35%-300.00%
TSPTU
31
Underperform
C$14.78M-911.04%15.98%
TSSMC
28
Underperform
C$1.31M-79.12%61.33%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:MD
Midland Exploration
0.34
-0.06
-15.00%
TSE:PTU
Purepoint Uranium
0.24
-0.21
-46.67%
TSE:SOI
Sirios Resources
0.05
>-0.01
-16.67%
TSE:SMC
Sulliden Mng Cap
0.01
-0.01
-50.00%
TSE:AZM
Azimut Exploration
0.55
-0.23
-29.49%

Midland Exploration Corporate Events

Business Operations and Strategy
Midland and Rio Tinto Resume Lithium Drilling at Galinée Project
Positive
Mar 3, 2025

Midland Exploration Inc., in partnership with Rio Tinto Exploration Canada, is launching a second drilling campaign on the Galinée project to explore lithium deposits. The project, located near the Adina lithium deposit, involves a significant investment of 5.2 million CAD for the first phase of drilling in 2025. This campaign aims to build on previous successful drilling results from 2024, with plans to use both reverse circulation and diamond drilling techniques to explore new structural targets and extend known lithium-bearing zones. The initiative underscores Midland’s strategic efforts to enhance its position in the lithium exploration sector, potentially impacting its operational capabilities and stakeholder interests.

Business Operations and Strategy
Midland Exploration Stakes New Copper Claims in Labrador Trough
Positive
Feb 27, 2025

Midland Exploration Inc., in collaboration with SOQUEM Inc., has announced a significant discovery of new copper occurrences in the Labrador Trough, leading to the staking of 104 mining claims. This discovery, resulting from a 2024 reconnaissance program, revealed copper mineralization over a 3.7 km stretch, with samples showing copper grades up to 3.73%. The findings highlight the potential for economic copper deposits in the area, which could enhance Midland’s industry positioning and offer promising implications for stakeholders.

Business Operations and Strategy
Midland Exploration Expands Stock Option Plan to Bolster Growth
Positive
Feb 13, 2025

Midland Exploration Inc. has announced the granting of incentive stock options to its employees, directors, and officers, allowing them to acquire 800,000 common shares at $0.33 per share over a ten-year period. Additionally, the company has amended its stock option plan to increase the number of shares issuable under the plan, pending exchange approval. This move aims to strengthen Midland’s operational framework, enhancing its capacity for strategic partnerships and growth in the mineral exploration sector.

Business Operations and Strategy
Midland Exploration Unveils 2025 Exploration Plans in Quebec
Positive
Jan 29, 2025

Midland Exploration Inc. has announced its 2025 exploration plans across Quebec, focusing on projects in partnership with significant industry players like BHP, Barrick, and Rio Tinto. With a budget exceeding $14.5 million, the company aims to further explore in regions rich in gold, lithium, and copper resources, potentially enhancing its market position and stakeholder value.

Midland Exploration Unveils Promising Lithium Results
Dec 19, 2024

Midland Exploration, in collaboration with Rio Tinto Exploration Canada, has announced promising assay results from its first lithium drilling campaign on the Galinée project. The drilling revealed significant concentrations of lithium oxide, with multiple spodumene pegmatites identified, suggesting further potential for lithium exploration. These findings underscore the Galinée project’s potential as a strategic lithium asset.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.