Major Drilling Group International Inc. (TSE:MDI - Get Free Report) traded up 13.4% on Thursday . The stock traded as high as C$9.73 and last traded at C$9.73. 373,415 shares changed hands during mid-day trading, an increase of 150% from the average session volume of 149,149 shares. The stock had previously closed at C$8.58.
Major Drilling Group International Trading Down 2.5%
The firm has a market cap of C$778.31 million, a price-to-earnings ratio of 18.68, a price-to-earnings-growth ratio of 3.45 and a beta of 1.65. The company has a quick ratio of 1.92, a current ratio of 3.59 and a debt-to-equity ratio of 1.17. The business has a 50 day moving average price of C$8.28 and a 200-day moving average price of C$8.34.
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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