Major Drilling Group International Inc. (TSE:MDI - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$8.42 and traded as high as C$9.03. Major Drilling Group International shares last traded at C$8.91, with a volume of 54,635 shares trading hands.
Major Drilling Group International Stock Performance
The company has a market capitalization of C$721.90 million, a PE ratio of 17.33, a price-to-earnings-growth ratio of 3.45 and a beta of 1.65. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.92 and a current ratio of 3.59. The stock's fifty day simple moving average is C$8.68 and its 200-day simple moving average is C$8.42.
Insider Transactions at Major Drilling Group International
In other news, Senior Officer John Ross Davies sold 36,000 shares of the 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 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. 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.
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