Shares of Major Drilling Group International Inc. (TSE:MDI - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$8.61 and traded as high as C$9.03. Major Drilling Group International shares last traded at C$8.98, with a volume of 165,376 shares traded.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada decreased their target price on shares of Major Drilling Group International from C$15.00 to C$14.00 in a research report on Tuesday, December 10th.
Get Our Latest Stock Analysis on Major Drilling Group International
Major Drilling Group International Trading Down 1.2 %
The firm has a market cap of C$672.03 million, a P/E ratio of 16.13, a P/E/G ratio of 3.45 and a beta of 1.65. The business's 50-day moving average is C$8.62 and its two-hundred day moving average is C$8.60. The company has a debt-to-equity ratio of 1.17, a current ratio of 3.59 and a quick ratio of 1.92.
Insider Activity at Major Drilling Group International
In other Major Drilling Group International news, Senior Officer Benjamin Luke Graham sold 12,400 shares of the stock in a transaction on Monday, December 9th. The shares were sold at an average price of C$8.80, for a total value of C$109,144.95. 0.32% of the stock is owned by insiders.
Major Drilling Group International Company Profile
(
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Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services.
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