Major Drilling Group International Inc. (TSE:MDI - Get Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$8.47 and traded as high as C$9.29. Major Drilling Group International shares last traded at C$9.09, with a volume of 108,067 shares trading hands.
Major Drilling Group International Stock Performance
The stock has a 50 day moving average price of C$8.99 and a two-hundred day moving average price of C$8.50. 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$751.33 million, a price-to-earnings ratio of 18.04, a P/E/G ratio of 3.45 and a beta of 1.65.
Insider Buying and Selling at Major Drilling Group International
In other Major Drilling Group International news, Senior Officer Barry Lee Zerbin sold 6,000 shares of the stock in a transaction dated Thursday, June 19th. The stock was sold at an average price of C$9.25, for a total transaction of C$55,500.00. Also, 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 value of C$333,000.00. Company insiders own 0.32% of the company's stock.
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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