TSXV/MD (TSXV/MD)

TSX Venture Exchange: TSXV/MD · CAD

CA$0.34

+0.00 (0.0%)· Recorded snapshot

Market cap	41.8M
Revenue (ttm)	307.3K
Net income (ttm)	-2.3M
EPS (ttm)	-CA$0.02
Shares out	124.8M
Volume	6,700
Beta	1.04

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 307.3K
Net income (ttm): -2.3M
EPS (ttm): -CA$0.02
Market cap: 41.8M

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-30 19:55 UTC

Forward P/En/a

P25 n/aP50 n/aP75 n/a

Trailing P/En/a

P25 n/aP50 n/aP75 n/a

ROE-5.1

P25 n/aP50 n/aP75 n/a

ROIC-4.8

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TSXV/MD indicators

Market & fundamental data

Available fields

186

Groups with data

Currency

CAD

Showing 186 of 186 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	CAD
Country	Canada
Country code	CA
Earnings date	2026-12-04
Enterprise value	CAD 31.6M
Exchange	TSX Venture Exchange
Financial currency	CAD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	September
Founded	1995
Industry	Other Industrial Metals & Mining
Is primary listing	Yes
ISIN number	CA59751U1003
Last earnings date	2025-12-05
Last refreshed	2026-10-30
Market cap	CAD 41.8M
Next earnings date	2026-12-04
Price	CAD 0.34
Price currency	CAD
Sector	Materials
SIC code	1040
Stock price date	2026-10-30
Symbol	tsxv/MD
Website	https://www.midlandexploration.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings yield	-6.31%
EV/Sales	102.9x
FCF / EV yield	-28.91%
FCF yield	-21.86%
Industry forward P/E	165.42x
P/B ratio	0.83x
P/S ratio	136.04x
Price / tangible book value	0.83x
Sector forward P/E	14.79x
Sector P/E	21.41x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
Gross margin	100%
Operating margin	-1,151.35%
Pretax margin	-1,071.67%
ROA	-4.61%
ROA (5Y)	-3.94%
ROCE	-6.97%
ROE	-5.15%
ROE (5Y)	-4.1%
ROIC	-4.84%
SBC / revenue	50.32%
Tax / revenue	-310.05%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth years	1
Gross profit growth	104.17%
Gross profit growth (Q)	-93.24%
Gross profit growth 3Y	3.37%
Gross profit growth 5Y	9.37%
Net income growth years	0
OCF growth (Q)	-94.5%
Revenue growth	104.17%
Revenue growth (Q)	-93.24%
Revenue growth (QoQ)	-17.83%
Revenue growth 10Y	8.77%
Revenue growth 3Y	3.37%
Revenue growth 5Y	9.37%
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	CAD -6.2M
Depreciation and amortization	CAD 1.9M
EBIT	CAD -3.5M
EBITDA	CAD -1.7M
EPS	CAD -0.02
FCF per share	CAD -0.07
Financing cash flow	CAD 13.9M
Free cash flow	CAD -9.1M
Free cash flow minus SBC	CAD -9.3M
Gross profit	CAD 307,321
Income taxes	CAD -952,853
Investing cash flow	CAD -8.3M
Net borrowing	CAD -21,623
Net cash flow	CAD 2.7M
Net income	CAD -2.3M
Operating cash flow minus SBC	CAD -3.1M
Operating income	CAD -3.5M
Revenue	CAD 307,321
Stock-based compensation	CAD 154,652

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	11.16
Book value per share	CAD 0.41
Debt / equity	0
Interest coverage	-168.84
Long-term assets	CAD 40.8M
Long-term liabilities	CAD 217,227
Net cash (debt)	CAD 10.2M
Net cash / market cap	24.36%
Net cash growth	87.31%
Net debt / equity	-0.2
Piotroski F-Score	2
Property, plant and equipment	CAD 39.7M
Shareholders' equity	CAD 50.6M
Tangible book value	CAD 50.6M
Tangible book value per share	CAD 0.41
Total assets	CAD 53.1M
Total cash	CAD 10.4M
Total debt	CAD 242,030
Total liabilities	CAD 2.5M
WACC	9.95%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.01
Current assets	CAD 12.4M
Current liabilities	CAD 2.3M
Current ratio	5.32
Net working capital	CAD -363,191
Quick ratio	5.28
Working capital	CAD 10M
Working capital turnover	0.04

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-22.77%
Shareholder yield	-22.77%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-70.43%
10Y return CAGR	-11.47%
10Y total return	-70.43%
150-day SMA	CAD 0.40
15Y price change	-76.55%
15Y return CAGR	-9.22%
15Y total return	-76.55%
1D price change	0%
1M price change	-12.82%
1M total return	-12.82%
1W price change	-1.45%
1W total return	-1.45%
1Y price change	-26.09%
1Y return CAGR	-26.1%
1Y total return	-26.09%
20-day SMA	CAD 0.35
200-day SMA	CAD 0.43
3M price change	-12.82%
3M total return	-12.82%
3Y price change	-22.73%
3Y return CAGR	-8.23%
3Y total return	-22.73%
50-day SMA	CAD 0.37
50-day SMA vs 200-day SMA	50under200
52-week high	CAD 0.59
52-week high date	2026-01-27
52-week low	CAD 0.32
52-week low date	2026-10-14
5Y price change	-44.26%
5Y return CAGR	-11.03%
5Y total return	-44.26%
6M price change	-17.07%
6M total return	-17.07%
All-time high	CAD 2.05
All-time high date	2011-01-04
All-time low	CAD 0.21
All-time low date	2008-11-19
Average true range (ATR)	CAD 0.01
Average volume	44.2K
Beta (1Y)	0.93
Beta (2Y)	0.66
Beta (5Y)	1.04
Change from 52-week high	-43.22%
Change from 52-week low	6.35%
Change from all-time high	-83.41%
Change from all-time low	61.9%
Change from open	-1.47%
Day's gap	1.49%
Dollar volume	CAD 2,245
High price	CAD 0.34
Low price	CAD 0.34
Monthly RSI	41.83
Open price	CAD 0.34
Position in 52-week range	0%
Previous close	CAD 0.34
Price vs 150-day SMA	-15.86%
Price vs 20-day SMA	-2.52%
Price vs 200-day SMA	-21.19%
Price vs 50-day SMA	-8.77%
Relative volume	0.15
RSI	41.15
Sharpe ratio	-0.71
Sharpe ratio (3Y)	-0.02
Sharpe ratio (5Y)	0.05
Sortino ratio	-0.86
Sortino ratio (3Y)	0.09
Sortino ratio (5Y)	0.18
Volume	6.7K
Weekly RSI	32.43
YTD price change	-25.27%
YTD total return	-25.27%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	109.4M
Shares change (QoQ)	1.63%
Shares change (YoY)	22.77%
Shares held by insiders	3.85%
Shares held by institutions	16.09%
Shares outstanding	124.8M

Deeper analysis on TSXV/MD

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this TSXV/MD report

Is a complete TSXV/MD research report available?

No complete published report is available for tsxv/MD (TSXV/MD) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TSXV/MD (TSXV/MD)

Price

Financial snapshot

Fair-value bridge

Latest news · TSXV/MD

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TSXV/MD indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TSXV/MD

Frequently asked questions