Major Drilling Group International Inc. (TSE:MDI) Senior Officer John Ross Davies Sells 4,968 Shares

Major Drilling Group International Inc. (TSE:MDI) Senior Officer John Ross Davies sold 4,968 shares of the firm’s stock in a transaction on Wednesday, June 19th. The shares were sold at an average price of C$8.91, for a total transaction of C$44,264.88.

Major Drilling Group International Stock Performance

TSE:MDI opened at C$8.91 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.92 and a current ratio of 3.75. Major Drilling Group International Inc. has a fifty-two week low of C$6.81 and a fifty-two week high of C$10.39. The company has a 50 day simple moving average of C$9.63 and a two-hundred day simple moving average of C$8.96. The company has a market capitalization of C$728.75 million, a PE ratio of 11.57, a P/E/G ratio of 3.45 and a beta of 1.65.

Analysts Set New Price Targets

Separately, TD Securities decreased their price target on Major Drilling Group International from C$14.50 to C$14.00 and set a “buy” rating for the company in a research note on Tuesday, February 27th.

About Major Drilling Group International

Major Drilling Group International Inc provides contract drilling services for mining and mineral exploration companies. The company offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, surface drill and blast, and related mining services.