Midland Exploration Inc.

Midland Exploration Inc.verified

MIDLF

Price:

$0.33

Market Cap:

$48.35M

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.

Industry

Industrial Materials

IPO Date

2010-04-26

Stock Exchange

OTC

Ticker

MIDLF

The Current Ratio as of December 2025 (TTM) for Midland Exploration Inc. (MIDLF) is 2.76

According to Midland Exploration Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.76. This represents a change of -21.23% compared to the average of 3.51 of the last 4 quarters.

Midland Exploration Inc. (MIDLF) Historical Current Ratio (quarterly & annually)

How has MIDLF Current Ratio performed in the past?

The mean historical Current Ratio of Midland Exploration Inc. over the last ten years is 10.66. The current 2.76 Current Ratio has changed 2.49% with respect to the historical average. Over the past ten years (40 quarters), MIDLF's Current Ratio was at its highest in in the June 2020 quarter at 50.24. The Current Ratio was at its lowest in in the June 2024 quarter at 2.44.

Quarterly (TTM)
Annual

Average

10.66

Median

11.45

Minimum

3.04

Maximum

17.19

Midland Exploration Inc. (MIDLF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Midland Exploration Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 187.05%

Maximum Annual Current Ratio = 17.19

Minimum Annual Increase = -61.05%

Minimum Annual Current Ratio = 3.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20243.122.44%
20233.04-61.05%
20227.8229.57%
20216.03-37.06%
20209.58-32.82%
201914.27-16.10%
201817.0011.44%
201715.26-11.22%
201617.1929.02%
201513.32187.05%

Midland Exploration Inc. (MIDLF) Average Current Ratio

How has MIDLF Current Ratio performed in the past?

The current Current Ratio of Midland Exploration Inc. (MIDLF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

4.66

5-year avg

5.92

10-year avg

10.66

Midland Exploration Inc. (MIDLF) Current Ratio vs. Peers

How is MIDLF’s Current Ratio compared to its peers?

Midland Exploration Inc.’s Current Ratio is less than Century Lithium Corp. (6.37), greater than American West Metals Limited (2.68), greater than Geomega Resources Inc. (1.49), greater than Giyani Metals Corp. (0.84), less than European Metals Holdings Limited (5.73), less than European Metals Holdings Limited (5.73), less than Boab Metals Limited (17.10), greater than Cauldron Energy Limited (2.59), greater than Arianne Phosphate Inc. (0.09), greater than Elementos Limited (1.87),

Build a custom stock screener for Midland Exploration Inc. (MIDLF) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Midland Exploration Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Midland Exploration Inc. (MIDLF) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Midland Exploration Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Midland Exploration Inc.'s Current Ratio?

How is the Current Ratio calculated for Midland Exploration Inc. (MIDLF)?

What is the highest Current Ratio for Midland Exploration Inc. (MIDLF)?

What is the 3-year average Current Ratio for Midland Exploration Inc. (MIDLF)?

What is the 5-year average Current Ratio for Midland Exploration Inc. (MIDLF)?

How does the current Current Ratio for Midland Exploration Inc. (MIDLF) compare to its historical average?