Major Drilling Group International Inc. (TSE:MDI - Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as C$9.90 and last traded at C$9.76, with a volume of 575681 shares changing hands. The stock had previously closed at C$8.58.
Major Drilling Group International Trading Down 1.6%
The firm has a market capitalization of C$743.97 million, a PE ratio of 17.86, a price-to-earnings-growth ratio of 3.45 and a beta of 1.65. The stock's 50-day moving average price is C$8.39 and its 200 day moving average price is C$8.35. The company has a debt-to-equity ratio of 1.17, a current ratio of 3.59 and a quick ratio of 1.92.
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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