Major Drilling Group International Inc. (TSE:MDI – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$8.89 and traded as high as C$12.05. Major Drilling Group International shares last traded at C$11.79, with a volume of 139,117 shares traded.
Major Drilling Group International Stock Down 2.0%
The company has a market capitalization of C$965.55 million, a PE ratio of 47.16, a price-to-earnings-growth ratio of 3.45 and a beta of 0.89. The firm’s 50-day simple moving average is C$9.77 and its 200 day simple moving average is C$8.89. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.92 and a current ratio of 3.59.
About Major Drilling Group International
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.
Further Reading
- Five stocks we like better than Major Drilling Group International
- What Is WallStreetBets and What Stocks Are They Targeting?
- General Dynamics Hits New Highs: Why It Might Keep Climbing
- Stock Analyst Ratings and Canadian Analyst Ratings
- Nike’s Turnaround: If the Shoe Fits, Buy It!
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- NVIDIA Breaks Out to New Highs: What Comes Next?
Receive News & Ratings for Major Drilling Group International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Major Drilling Group International and related companies with MarketBeat.com's FREE daily email newsletter.
