Major Drilling Group International Inc. (TSE:MDI) Senior Officer Benjamin Luke Graham Acquires 20,000 Shares of Stock

Major Drilling Group International Inc. (TSE:MDI) Senior Officer Benjamin Luke Graham acquired 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The shares were acquired at an average cost of C$8.76 per share, with a total value of C$175,200.00.

Major Drilling Group International Price Performance

Shares of TSE:MDI opened at C$8.82 on Friday. The business has a 50 day moving average price of C$9.62 and a 200 day moving average price of C$8.97. The company has a quick ratio of 1.92, a current ratio of 3.75 and a debt-to-equity ratio of 1.05. Major Drilling Group International Inc. has a twelve month low of C$6.81 and a twelve month high of C$10.39. The company has a market cap of C$721.39 million, a price-to-earnings ratio of 11.45, a PEG ratio of 3.45 and a beta of 1.65.

Analyst Upgrades and Downgrades

Separately, TD Securities decreased their target price 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.