Major Drilling Group International Inc. (TSE:MDI - Get Free Report)'s share price rose 13.4% on Thursday . The company traded as high as C$9.73 and last traded at C$9.73. Approximately 373,415 shares were traded during mid-day trading, an increase of 150% from the average daily volume of 149,149 shares. The stock had previously closed at C$8.58.
Major Drilling Group International Stock Performance
The stock has a 50 day simple moving average of C$8.33 and a two-hundred day simple moving average of C$8.35. The company has a market capitalization of C$756.23 million, a price-to-earnings ratio of 18.15, a PEG ratio of 3.45 and a beta of 1.65. The company has a debt-to-equity ratio of 1.17, a current ratio of 3.59 and a quick ratio of 1.92.
Major Drilling Group International Company Profile
(
Get Free Report)
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.
Recommended Stories
Before you consider Major Drilling Group International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Major Drilling Group International wasn't on the list.
While Major Drilling Group International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
