Major Drilling Group International (OTCMKTS:MJDLF) Shares Pass Above 50-Day Moving Average – Here’s What Happened
by Jessica Moore · The Cerbat GemMajor Drilling Group International Inc. (OTCMKTS:MJDLF – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $9.17 and traded as high as $9.67. Major Drilling Group International shares last traded at $9.5235, with a volume of 20,450 shares trading hands.
Analyst Ratings Changes
MJDLF has been the topic of a number of recent analyst reports. TD Securities restated a “buy” rating on shares of Major Drilling Group International in a research note on Friday, December 5th. Royal Bank Of Canada restated an “outperform” rating on shares of Major Drilling Group International in a research report on Tuesday, December 16th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy”.
Get Our Latest Analysis on Major Drilling Group International
Major Drilling Group International Stock Down 1.1%
The stock has a fifty day moving average of $9.18 and a 200 day moving average of $7.89.
Major Drilling Group International Company Profile
Major Drilling Group International Inc is a Canada-based contract drilling services provider to the global mineral exploration and mining industries. The company specializes in a broad range of drilling techniques—including diamond and reverse circulation core drilling, directional drilling, sonic drilling, and geotechnical and environmental drilling—designed to locate and delineate mineral resources for clients across the precious and base metals sector.
Since its founding in 1980, Major Drilling has expanded its footprint to serve customers on six continents, with operating locations in North America, South America, Africa, Australia, Asia Pacific and Europe.