Major Drilling Group International (OTCMKTS:MJDLF) Shares Pass Below 200-Day Moving Average – What’s Next?

Major Drilling Group International Inc. (OTCMKTS:MJDLFGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.05 and traded as low as $5.15. Major Drilling Group International shares last traded at $5.16, with a volume of 53,296 shares traded.

Major Drilling Group International Stock Performance

The company’s 50-day moving average is $5.96 and its 200-day moving average is $6.05.

Major Drilling Group International Company Profile

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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.

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