Major Drilling Group International Inc. (TSE:MDI – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of C$15.89 and traded as low as C$15.29. Major Drilling Group International shares last traded at C$15.51, with a volume of 126,045 shares changing hands.
Major Drilling Group International Price Performance
The stock has a market capitalization of C$1.28 billion, a price-to-earnings ratio of 48.47, a price-to-earnings-growth ratio of 3.45 and a beta of 1.51. The company has a 50 day moving average of C$15.89 and a 200 day moving average of C$16.09. The company has a quick ratio of 1.92, a current ratio of 2.39 and a debt-to-equity ratio of 6.80.
Major Drilling Group International (TSE:MDI – Get Free Report) last released its earnings results on Wednesday, September 2nd. The company reported C$0.18 earnings per share for the quarter. Major Drilling Group International had a return on equity of 4.61% and a net margin of 2.74%. The firm had revenue of C$277.35 million for the quarter. As a group, equities research analysts forecast that Major Drilling Group International Inc. will post 0.58 EPS for the current fiscal year.
Major Drilling Group International Company Profile
Major Drilling Group International Inc. is the world’s largest provider of drilling services in the metals and mining industry. The diverse needs of the Company’s global clientele are met through field operations and registered offices that span across North America, South America, Australia, Asia, Africa, and Europe. Established in 1980, the Company has grown to become a global brand in the mining space, known for tackling many of the world’s most challenging drilling projects. Supported by a highly skilled workforce, Major Drilling is led by an experienced senior management team that has steered it through various economic and mining cycles, supported by regional managers known for delivering decades of superior project management.
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