Major Drilling Group International (TSE:MDI) Share Price Crosses Above 200-Day Moving Average of $9.00

Shares of Major Drilling Group International Inc. (TSE:MDI) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$9.00 and traded as high as C$9.30. Major Drilling Group International shares last traded at C$9.08, with a volume of 91,631 shares.

Major Drilling Group International Stock Up 0.3 %

The firm has a market capitalization of C$742.65 million, a PE ratio of 11.79, a price-to-earnings-growth ratio of 3.45 and a beta of 1.65. The company has a current ratio of 3.75, a quick ratio of 1.92 and a debt-to-equity ratio of 1.05. The firm has a 50-day moving average of C$9.55 and a two-hundred day moving average of C$9.00.

Insider Activity at Major Drilling Group International

In related news, Senior Officer Benjamin Luke Graham bought 20,000 shares of the firm’s stock in a transaction dated Friday, June 21st. The stock was bought at an average price of C$8.76 per share, with a total value of C$175,200.00. In other Major Drilling Group International news, Senior Officer John Ross Davies sold 4,968 shares of the company’s stock in a transaction dated Wednesday, June 19th. The shares were sold at an average price of C$8.91, for a total value of C$44,264.88. Also, Senior Officer Benjamin Luke Graham acquired 20,000 shares of the stock in a transaction on Friday, June 21st. The shares were acquired at an average price of C$8.76 per share, with a total value of C$175,200.00. 0.32% of the stock is currently owned by insiders.

Major Drilling Group International Company Profile

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.