1. Canada Stocks

  2. •

    Basic Materials

  3. •

    Industrial Materials
Midland Exploration Inc.

Midland Exploration Inc.

MIDLF
Midland Exploration Inc.US flagOther OTC
0.28
USD
+0.01
- -
31.63MMarket Cap
Midland Exploration Inc.
MIDLF
(Other OTC)

Recent

price

0.28

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.01
0.01
0.01
- -
0.01
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
-0.04
-0.04
-0.04
-0.02
-0.07
-0.02
-0.01
-0.02
-0.01
-0.02
-0.02
-0.01
-0.03
-0.01
-0.02
-0.02
-0.02
Basic EPS, GAAP
-0.06
-0.1
-0.09
-0.11
-0.04
-0.05
-0.08
-0.11
-0.1
-0.14
-0.07
-0.09
-0.07
-0.06
-0.05
-0.06
-0.06
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.22
0.24
0.24
0.28
0.24
0.48
0.36
0.37
0.41
0.48
0.45
0.45
0.42
0.41
0.38
0.4
0.37
Book Value per Share
0.28
0.29
0.29
0.34
0.3
0.58
0.44
0.45
0.49
0.57
0.54
0.53
0.51
0.49
0.46
0.47
0.44
Tangible Book Value per Share
24
24
26
28
30
41
54
57
59
66
70
72
75
82
86
95
105
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
-244.47
-397.53
-524.95
-5,716.67
-520.5
-253.38
-1,063.56
-1,597.25
-1,293.01
-4,999.79
-8,083.62
-753.11
-751.94
-491.38
-993.97
-1,082.88
-444.48
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
-1
-1
-1
-1
-2
-1
-1
-1
-1
-1
-1
-1
-2
-1
-2
-2
-2
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-351.28
-441.88
-572.08
-3,646.48
-1,144.14
-208.69
-751.38
-1,262.1
-737.15
-3,392.66
-5,666.32
-506.29
-903.03
-352.16
-1,001.88
-1,291.43
-498.46
Profit Margin (%)
5
4
4
3
3
10
11
12
10
14
11
8
6
4
4
7
7
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
7
7
8
10
9
24
24
26
29
38
38
38
38
40
40
45
46
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
-18.54
-9.65
-26.4
-4.76
-4.14
-5.98
-3.56
-4.07
-4.26
-3.22
-5.94
-3.41
-5.93
-6.05
-5.03
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
107
113
113
Market Capitalization
47
54
47

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
9
11
9
Cash, Cash Equivalents & STI
9
10
8
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
2
2
Payables & Accruals
1
- -
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.9%
3.6%
12.67%
Free Cash Flow
17.05%
4.37%
20.98%
Net Income, GAAP
20.94%
20.97%
8.76%
Sales/Revenue/Turnover
59.16%
150.26%
-15.63%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
-0.01
- -
-0.02
2025
-0.01
- -
- -
- -
-0.02
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Similar Companies
Magnetic Resources NL (MAUCA.AX)
Blackstone Minerals Limited (BSX.AX)
Tian Poh Resources Limited (TPO.AX)
Anglo American plc (NGL0.DE)
Lifezone Metals Limited (LZM)
Teck Resources Limited (TECK)
Business
Midland Exploration Inc. (TSX-V: MD; OTC: MIDLF) is a dynamic mineral exploration company focused on acquiring, exploring, and evaluating properties targeting world-class deposits of gold, critical minerals including lithium, copper, nickel, zinc, cobalt, PGE, silver, molybdenum, lead, bismuth, and rare earth elements primarily in Quebec, Canada; the company operates a project generator business model through strategic joint ventures and option agreements, with key wholly-owned and partnered properties spanning the Abitibi, James Bay, Nunavik, Grenville, and Appalachians regions such as Adam, Casault, Heva, Jouvex, Laflamme, Lewis, Mythril, Elrond, Galinée, Tête Nord, Malaco Mountain, Caniapisc Au, and Nachicapau; founded in 1995 and headquartered at 1 Place Ville Marie, Suite 4000, Montreal, Quebec, Canada, Midland partners with major mining firms including BHP Canada Inc., Rio Tinto Exploration Canada Inc., Agnico Eagle Mines Ltd., Wallbridge Mining Company Ltd., Probe Gold Inc., SOQUEM Inc., Electric Elements Mining Corp., Nunavik Mineral Exploration Fund, Abcourt Mines Inc., and most recently Barrick Gold Corp.; recent developments include the closing of a C$6.1 million private placement in July 2025 with strategic investment from Centerra Gold to fund gold exploration in Abitibi, James Bay, and northern Quebec over 18 months; the signing of a definitive option agreement with a Barrick Gold wholly-owned subsidiary for the Lewis Gold Property in November 2025; new high-grade copper-gold-rare earth results up to 27.60% Cu and 0.88 g/t Au at Malaco Mountain with SOQUEM in November 2025; continued gold discoveries at Caniapisc Au in James Bay in October 2025; a 2025 exploration budget exceeding C$14.5 million supporting nearly 15,000 metres of drilling across partnerships; acquisition of high-quality properties and formation of new alliances in 2024 as part of its project generator strategy; and receipt of UL 2723 ECOLOGO Certification for sustainable mineral exploration practices in December 2023.

Company News

APIChatGPT

  • globenewswire.com

    Midland Exploration Completes a $5.3 Million Private Placement

  • globenewswire.com

    Midland Exploration Completes a First Tranche of $2.2 Million Private Placement

  • globenewswire.com

    Midland Exploration Announces the Grant of Options

  • globenewswire.com

    Midland Provides an Overview of Its 2026 Exploration Activities for Its Gold and Copper-Gold Projects, Including Those with Its Partners

  • globenewswire.com

    Midland Exploration Announces the Grant of Options

  • globenewswire.com

    Midland Exploration Announces the Grant of Options