Major Drilling Group International Inc. (TSE:MDI - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$8.38 and traded as high as C$8.46. Major Drilling Group International shares last traded at C$8.44, with a volume of 252,821 shares trading hands.
Major Drilling Group International Trading Up 2.7%
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 50-day moving average is C$7.97 and its 200 day moving average is C$8.37. The firm has a market capitalization of C$691.65 million, a P/E ratio of 16.60, a price-to-earnings-growth ratio of 3.45 and a beta of 1.65.
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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