Shares of Major Drilling Group International Inc. (OTCMKTS:MJDLF – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $11.58 and traded as low as $10.72. Major Drilling Group International shares last traded at $10.81, with a volume of 37,470 shares.
Major Drilling Group International Price Performance
The firm has a 50-day moving average price of $11.85 and a 200 day moving average price of $11.58.
About Major Drilling Group International
Major Drilling Group International Inc is a Canadian contract drilling services company that supports the mining and mineral exploration industries. The company provides drilling services used to identify and evaluate mineral deposits, develop mines and support ongoing mining operations.
Its services include surface and underground drilling, deep directional drilling and specialized drilling in technically challenging environments. Major Drilling works with mining companies and exploration firms on projects involving commodities such as gold, copper, nickel, lithium and other base and precious metals.
Founded in 1980 and headquartered in Moncton, New Brunswick, Major Drilling has developed an international operating presence serving clients across North America, South America, Africa, Asia and Australia.
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