John Ross Davies Sells 20,000 Shares of Major Drilling Group International (TSE:MDI) Stock

Key Points

• John Ross Davies sold 20,000 shares of Major Drilling Group International at an average price of C$11.79, amounting to a total sale value of C$235,800.
• As of the latest trading session, shares of Major Drilling have experienced slight declines, currently priced at C$11.73, with a market cap of C$960.64 million and a P/E ratio of 46.92.
• Major Drilling Group International specializes in contract drilling services for the mining and mineral exploration industries, providing a variety of drilling-related services.

Major Drilling Group International Inc. (TSE:MDI - ) insider John Ross Davies sold 20,000 shares of Major Drilling Group International stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of C$11.79, for a total value of C$235,800.00.

Major Drilling Group International Price Performance

Shares of TSE:MDI traded down C$0.09 during mid-day trading on Monday, reaching C$11.73. The stock had a trading volume of 66,994 shares, compared to its average volume of 140,380. The company has a current ratio of 3.59, a quick ratio of 1.92 and a debt-to-equity ratio of 1.17. The company has a market cap of C$960.64 million, a P/E ratio of 46.92, a price-to-earnings-growth ratio of 3.45 and a beta of 0.99. Major Drilling Group International Inc. has a 1 year low of C$6.51 and a 1 year high of C$12.07. The business's 50 day moving average price is C$9.82 and its 200 day moving average price is C$8.94.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.