Major Drilling Group Int’l Inc. (TSE:MDI)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.00 and traded as high as $4.35. Major Drilling Group Int’l shares last traded at $4.31, with a volume of 10,600 shares.
A number of equities analysts recently commented on MDI shares. TD Securities lowered their price target on shares of Major Drilling Group Int’l from C$6.00 to C$5.50 and set a “hold” rating on the stock in a research report on Tuesday, June 11th. Laurentian set a C$6.00 price target on shares of Major Drilling Group Int’l and gave the stock a “buy” rating in a research report on Tuesday, April 30th.
The company has a quick ratio of 1.82, a current ratio of 3.28 and a debt-to-equity ratio of 4.78. The stock has a market capitalization of $360.55 million and a PE ratio of -19.52. The stock’s fifty day moving average price is C$4.22.
Major Drilling Group Int’l Company Profile (TSE:MDI)
Major Drilling Group International Inc primarily provides contract drilling services for mining and mineral exploration companies. It 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 various mine services.
Receive News & Ratings for Major Drilling Group Int'l Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Major Drilling Group Int'l and related companies with MarketBeat.com's FREE daily email newsletter.