Major Drilling Group Int’l Inc. (MDI) Director David Buchanan Tennant Purchases 4,200 Shares

Major Drilling Group Int’l Inc. (TSE:MDI) Director David Buchanan Tennant acquired 4,200 shares of the stock in a transaction dated Friday, December 7th. The stock was acquired at an average cost of C$5.00 per share, with a total value of C$21,000.00.

David Buchanan Tennant also recently made the following trade(s):

  • On Wednesday, September 12th, David Buchanan Tennant acquired 3,000 shares of Major Drilling Group Int’l stock. The stock was acquired at an average cost of C$4.93 per share, with a total value of C$14,790.00.

Shares of Major Drilling Group Int’l stock traded down C$0.02 during trading on Friday, reaching C$4.90. The company’s stock had a trading volume of 72,300 shares, compared to its average volume of 67,484. The company has a debt-to-equity ratio of 5.00, a current ratio of 3.22 and a quick ratio of 1.75. Major Drilling Group Int’l Inc. has a 1-year low of C$4.17 and a 1-year high of C$7.89.

Major Drilling Group Int’l (TSE:MDI) last posted its quarterly earnings data on Tuesday, September 4th. The company reported C($0.03) earnings per share for the quarter, topping the Zacks’ consensus estimate of C($0.04) by C$0.01. The business had revenue of C$98.49 million during the quarter, compared to analyst estimates of C$100.30 million. Research analysts anticipate that Major Drilling Group Int’l Inc. will post 0.219999992816327 EPS for the current fiscal year.

A number of analysts have recently weighed in on the company. Royal Bank of Canada lowered their price objective on Major Drilling Group Int’l from C$8.00 to C$6.00 and set a “sector perform” rating for the company in a research report on Friday, November 2nd. Beacon Securities reissued a “hold” rating on shares of Major Drilling Group Int’l in a research report on Tuesday, September 11th. Finally, TD Securities lowered their price objective on Major Drilling Group Int’l from C$8.00 to C$6.50 and set a “hold” rating for the company in a research report on Thursday, September 6th.

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About Major Drilling Group Int’l

Major Drilling Group International Inc primarily provides contract drilling services for mining and mineral exploration companies. It 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 various mine services.

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