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Midland Exploration Inc (MD) Fair Value & Analysis

Basic Materials · CA · Market cap C$48.6M

ME Midland Exploration Inc MD · V
PriceC$0.4100
Fair ValueC$0.0600
Upside-85.4%
Quality37/100
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Evidence: Low Range C$0.0400 – C$0.0800

Fair value as of: Jun 25, 2026

From 1 valuation models · updated 7 days ago

Fair value updated Jun 25, 2026 — revised from C$1.18 to C$0.0600 (−94.9%) since Jun 24, 2026. Share price −9.1% over the past month.

Price vs Fair Value (12 months)

C$0.5843 C$0.3280 Fair Value C$0.0600 Jun 2025 Jul 2026

12‑month range C$0.3280 – C$0.5843 · fair‑value band C$0.0400 – C$0.0800 · the C$0.4100 price screens above the C$0.0600 fair value. As of Jun 25, 2026.

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Analysis

Midland Exploration Inc (MD) currently trades at C$0.4100, while our model-based Fair Value estimate is C$0.0600 — implying the stock looks roughly 85.4% overvalued today. We read business quality at 37/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at C$371K. It earns a return on equity of -4.5%. The balance sheet holds a net cash position of C$2.4M. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) C$371K
Revenue growth (YoY) +3,852%
Return on equity -4.5%
Free cash flow −C$5.5M FY2025
Operating margin -366%
EPS (TTM) C$-0.0200
More key figures
Net cash C$2.4M FY2023

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Midland Exploration Inc., a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores for gold, copper, zinc, nickel, cobalt, PGE, silver, lithium, molybdenum, lead, and bismuth deposits. The company was incorporated in 1995 and is headquartered in Montreal, Canada.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Midland Exploration Inc reported revenue of C$164K in FY2025 versus C$202K in FY2021, a compound −5.0%/yr. Reported net income was −C$2.1M in FY2025.

Revenue −5.0%/yr
FY21 C$202K
FY22 C$210K
FY23 C$315K
FY24 C$195K
FY25 C$164K
Net income
FY21 −C$1.0M
FY22 −C$1.9M
FY23 −C$1.1M
FY24 −C$2.0M
FY25 −C$2.1M

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Frequently asked questions

Is Midland Exploration Inc (MD) undervalued?
As of Jun 25, 2026, our model estimates a fair value of C$0.0600 versus a price of C$0.4100 — about −85% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MD?
Our model-based fair value for Midland Exploration Inc is C$0.0600 (as of Jun 25, 2026), built from audited fundamentals. The current price is C$0.4100.
What is the quality score of MD?
Midland Exploration Inc has a Quality Score of 37/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Midland Exploration Inc (MD)?
Midland Exploration Inc reported trailing-twelve-month revenue of about C$371K (latest available figure, as of Jun 25, 2026).
What is the net profit margin of MD?
The net profit margin of Midland Exploration Inc is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.