Major Drilling Group International Inc. (TSE:MDI) Senior Officer Sells C$109,144.95 in Stock

Major Drilling Group International Inc. (TSE:MDI) Senior Officer Benjamin Luke Graham sold 12,400 shares of the stock in a transaction on Monday, December 9th. The shares were sold at an average price of C$8.80, for a total value of C$109,144.95.

Major Drilling Group International Stock Performance

Shares of MDI stock opened at C$8.77 on Wednesday. The stock has a market cap of C$717.74 million, a PE ratio of 15.39, a price-to-earnings-growth ratio of 3.45 and a beta of 1.65. The business has a 50-day simple moving average of C$8.54 and a 200-day simple moving average of C$8.86. The company has a quick ratio of 1.92, a current ratio of 3.35 and a debt-to-equity ratio of 1.29. Major Drilling Group International Inc. has a 52-week low of C$6.98 and a 52-week high of C$10.39.

Analyst Ratings Changes

A number of analysts have commented on the company. Royal Bank of Canada lowered their price target on Major Drilling Group International from C$15.00 to C$14.00 in a research report on Tuesday. TD Securities lowered their price target on Major Drilling Group International from C$14.00 to C$13.00 in a research report on Friday, September 6th.

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.