Major Drilling Group International Inc. (TSE:MDI - Get Free Report)'s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$8.63 and traded as high as C$9.06. Major Drilling Group International shares last traded at C$8.97, with a volume of 162,441 shares.
Analyst Ratings Changes
Separately, Royal Bank of Canada dropped their price target on Major Drilling Group International from C$15.00 to C$14.00 in a research note on Tuesday, December 10th.
Check Out Our Latest Report on MDI
Major Drilling Group International Price Performance
The company has a quick ratio of 1.92, a current ratio of 3.35 and a debt-to-equity ratio of 1.29. The firm has a fifty day moving average price of C$8.55 and a two-hundred day moving average price of C$8.61. The stock has a market capitalization of C$748.02 million, a P/E ratio of 16.04, a P/E/G ratio of 3.45 and a beta of 1.65.
Insider Transactions at Major Drilling Group International
In other Major Drilling Group International news, Senior Officer Benjamin Luke Graham sold 12,400 shares of the company's stock in a transaction on Monday, December 9th. The stock was sold at an average price of C$8.80, for a total value of C$109,144.95. Insiders own 0.32% of the company's stock.
About Major Drilling Group International
(
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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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