Insider Selling: Major Drilling Group International (TSE:MDI) Insider Sells C$235,800.00 in Stock

Major Drilling Group International Inc. (TSE:MDI) insider John Ross Davies sold 20,000 shares of the business’s stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of C$11.79, for a total value of C$235,800.00.

Major Drilling Group International Price Performance

Shares of MDI stock opened at C$11.71 on Thursday. Major Drilling Group International Inc. has a fifty-two week low of C$6.51 and a fifty-two week high of C$12.07. The firm has a market capitalization of C$959.00 million, a price-to-earnings ratio of 46.84, a PEG ratio of 3.45 and a beta of 0.99. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.92 and a current ratio of 3.59. The stock’s 50-day simple moving average is C$9.98 and its 200-day simple moving average is C$9.00.

About Major Drilling Group International

Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services.