Major Drilling Group International Inc. (TSE:MDI - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$8.39 and traded as high as C$9.06. Major Drilling Group International shares last traded at C$8.85, with a volume of 65,626 shares trading hands.
Major Drilling Group International Price Performance
The company has a debt-to-equity ratio of 1.17, a current ratio of 3.59 and a quick ratio of 1.92. The business's fifty day moving average price is C$8.61 and its 200-day moving average price is C$8.39. The stock has a market capitalization of C$723.53 million, a price-to-earnings ratio of 17.37, a PEG ratio of 3.45 and a beta of 1.65.
Insiders Place Their Bets
In other news, Senior Officer John Ross Davies sold 36,000 shares of the firm's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of C$9.25, for a total transaction of C$333,000.00. Also, Senior Officer Barry Lee Zerbin sold 6,000 shares of the stock in a transaction that occurred on Thursday, June 19th. The stock was sold at an average price of C$9.25, for a total transaction of C$55,500.00. 0.32% of the stock is currently owned by corporate insiders.
Major Drilling Group International Company Profile
(
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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.
Further Reading
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