Shares of Major Drilling Group International Inc. (TSE:MDI – Get Free Report) passed above its 200-day moving average during trading on Friday following insider buying activity. The stock has a 200-day moving average of C$8.37 and traded as high as C$9.20. Major Drilling Group International shares last traded at C$9.00, with a volume of 114,606 shares.
Major Drilling Group International Trading Down 2.4%
The business has a fifty day simple moving average of C$8.52 and a 200 day simple moving average of C$8.37. The stock has a market cap of C$735.80 million, a price-to-earnings ratio of 17.66, a PEG ratio of 3.45 and a beta of 1.65. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.92 and a current ratio of 3.59.
Major Drilling Group International Company Profile
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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