Major Drilling Group International (OTCMKTS:MJDLF) Shares Down 1.2% – Time to Sell?

Major Drilling Group International Inc. (OTCMKTS:MJDLF) shares dropped 1.2% during mid-day trading on Friday. The stock traded as low as $10.40 and last traded at $10.4693. 15,555 shares traded hands during trading, a decline of 48% from the average session volume of 30,045 shares. The stock had previously closed at $10.60.

Major Drilling Group International Stock Down 1.2%

The firm has a fifty day moving average of $11.23 and a 200-day moving average of $11.57.

About Major Drilling Group International

Major Drilling Group International Inc. is a Canadian contract drilling services company that supports mineral exploration and mining activities. The company provides drilling services to mining companies, mineral exploration firms and other customers seeking to identify, evaluate and develop mineral resources. Its services include surface and underground drilling, with capabilities designed for projects involving challenging terrain, remote locations and technically complex deposits. Major Drilling’s fleet and expertise support methods such as diamond drilling, reverse-circulation drilling and other specialized drilling applications used in exploration and mine development.