Closing Bell: Major Drilling Grp down on Thursday (MDI)

Today, Major Drilling Grp opened at $9.32 and closed at $9.07. prices ranged from $8.97 to $9.32.

Share prices shrank -3.30% from the previous day's close of $9.38.

Today across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

Major Drilling Grp has listed on the Toronto Stock Exchange (TSX) under the ticker MDI.

Trading volume was 68,783 on 523 total trades, while having an average volume of 62,195 over the last 5-days.

Trading across the entire TSX saw 3,490 price advancers against 1,736 declines and 92 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 slipped -4.43 percent in 52 weeks, while this year, they have eased -1.52%.

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 $767.32 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.

Currently, Major Drilling Grp has an average recommendation of "Moderate Buy" based on 3.00 analysts according to Zacks. Currently, there are 3 buy ratings for the stock.

AI at The Globe and Mail
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..