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

Major Drilling Grp opened trading today at $9.33 and closed at $9.20. Intraday prices ranged from $9.17 to $9.39.

Shares shrank -1.08% from the previous day's close of $9.30.

During the day across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

Trading volume was 41,963 on 335 total trades, with an average volume of 50,290 over the last 5 days.

Trading across the entire TSX saw 2,584 price advancers against 2,644 declines and 86 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 dipped -2.65% in the last year, while this year, they have eased -0.11%.

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 $760.78 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's average recommendation is "Moderate Buy" based on 3.00 analysts according to Zacks. From those 3 analysts, 3 have buy ratings.

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..