Major Drilling Group International Inc. (TSE:MDI) Senior Officer Benjamin Luke Graham Sells 12,400 Shares

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

Major Drilling Group International Stock Down 0.9 %

Shares of TSE MDI opened at C$8.77 on Wednesday. The company has a current ratio of 3.35, a quick ratio of 1.92 and a debt-to-equity ratio of 1.29. The stock has a market capitalization 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 stock’s fifty day simple moving average is C$8.54 and its two-hundred day simple moving average is C$8.86. Major Drilling Group International Inc. has a 12-month low of C$6.98 and a 12-month high of C$10.39.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on MDI shares. Royal Bank of Canada dropped their price objective on Major Drilling Group International from C$15.00 to C$14.00 in a research note on Tuesday. TD Securities dropped their price objective on Major Drilling Group International from C$14.00 to C$13.00 in a research note on Friday, September 6th.

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.