Shares of Major Drilling Group International Inc. (TSE:MDI - Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$9.00 and traded as high as C$9.30. Major Drilling Group International shares last traded at C$9.08, with a volume of 91,631 shares changing hands.
Major Drilling Group International Trading Up 0.3 %
The company has a market capitalization of C$742.65 million, a P/E ratio of 11.79, a price-to-earnings-growth ratio of 3.45 and a beta of 1.65. The company has a debt-to-equity ratio of 1.05, a current ratio of 3.75 and a quick ratio of 1.92. The firm has a fifty day moving average price of C$9.55 and a 200-day moving average price of C$9.01.
Insider Activity
In other news, Senior Officer John Ross Davies sold 4,968 shares of the company's stock in a transaction that occurred on Wednesday, June 19th. The stock was sold at an average price of C$8.91, for a total value of C$44,264.88. In related news, Senior Officer John Ross Davies sold 4,968 shares of the company's stock in a transaction that occurred on Wednesday, June 19th. The stock was sold at an average price of C$8.91, for a total value of C$44,264.88. Also, Senior Officer Benjamin Luke Graham bought 20,000 shares of the company's stock in a transaction on Friday, June 21st. The shares were bought at an average price of C$8.76 per share, for a total transaction of C$175,200.00. 0.32% of the stock is currently owned by corporate insiders.
About Major Drilling Group International
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Major Drilling Group International Inc provides contract drilling services for mining and mineral exploration companies. The company offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, surface drill and blast, and related mining services.
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