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

In trading today, shares of Major Drilling Grp opened at $8.92 and closed at $8.81. It traded at a low of $8.75 to a high of $9.00.

Shares boosted 0.57% from the previous day's close of $8.76.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 213,325 shares was traded during the session, with total trades of 676. On average, Major Drilling Grp has traded 116,216 shares over 5 days and 130,819 year-to-date.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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 advanced 1.26 percent, while in 2024, they have eased -4.34%.

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 $716.60 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. 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..