Closing Bell: Major Drilling Grp up on Tuesday (MDI)

In trading today, Major Drilling Grp shares closed at $9.57 after opening the day at $9.36. Intraday prices ranged from a low of $9.26 to a high of $9.59.

Shares boosted 2.24% from the previous day's close of $9.36.

During the day across North America, the TSX Composite closed -0.26% at 22813.75, the S&P 500 closed 1.08% at 5564.41, the Dow Jones Industrial Average closed 0.32% at 40415.44 and the Nasdaq Composite closed 1.58% at 18007.57.

Major Drilling Grp traded under MDI on the Toronto Stock Exchange (TSX).

Trading volume was 47,276 on 301 total trades, while having an average volume of 76,897 in the last five days.

The TSX overall saw 3,093 price advancers against 2,137 declines and 96 unchanged.

During the prior 52 weeks, MDI.TO has traded as high as $10.39 (May 21,2024) and low as $6.81 (November 08,2023). Moreover, the shares have boosted 4.48 percent in the last year, while they have boosted 3.91% since the start of 2024.

It announced a 0.02 dividend on September 10/15, with an October 07/15 ex-date and November 02/15 pay day.

Following today's trading, Major Drilling Grp has a market capitalization of $765.68 million on a float of 81,804 shares outstanding. Its annual EPS is $0.64.

Major Drilling Grp is a TSX Industrial Metals Minerals company headquartered in Moncton, CAN.

Major Drilling Grp is holding an average recommendation of "Moderate Buy" from 3.00 analysts according to Zacks. From those 3 analysts, 3 have buy ratings.

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This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..