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

Today during trading, Major Drilling Grp shares opened at $9.28 and closed at $9.30. Intraday prices ranged from $9.21 to $9.34.

The price advanced 0.54% from the previous day's close of $9.25.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

A total of 36,240 shares was traded during the session, with total trades of 287. On average, Major Drilling Grp has traded 51,353 shares in the last five days and 131,928 year-to-date.

Trading across the entire TSX saw 1,903 price advancers against 3,356 declines and 91 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, in the last 52 weeks, Major Drilling Grp's shares have dipped -1.59%, while they have advanced 0.98% this year.

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 $756.69 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.

Based on 3.00 analysts, Major Drilling Grp gets an average recommendation of "Moderate Buy" 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..