Major Drilling Group International Inc. (TSE:MDI - Get Free Report)'s stock 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 changing hands.
Major Drilling Group International Price Performance
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 capitalization of C$691.65 million, a P/E ratio of 16.60, a P/E/G ratio of 3.45 and a beta of 1.65. The company has a 50 day moving average price of C$7.97 and a 200 day moving average price of C$8.37.
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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