Major Drilling Group International Inc. (TSE:MDI - Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as C$6.75 and last traded at C$6.78, with a volume of 71009 shares. The stock had previously closed at C$7.58.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada dropped their price target on Major Drilling Group International from C$15.00 to C$14.00 in a research note on Tuesday, December 10th.
Get Our Latest Stock Report on MDI
Major Drilling Group International Stock Performance
The company has a quick ratio of 1.92, a current ratio of 3.59 and a debt-to-equity ratio of 1.17. The firm has a market capitalization of C$623.79 million, a P/E ratio of 14.97, a price-to-earnings-growth ratio of 3.45 and a beta of 1.65. The company's 50 day moving average is C$8.17 and its 200-day moving average is C$8.39.
Major Drilling Group International Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Major Drilling Group International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Major Drilling Group International wasn't on the list.
While Major Drilling Group International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
