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

Today during trading, shares of Major Drilling Grp opened at $9.59 and closed at $9.52. prices ranged from $9.41 to $9.73.

The price dipped -1.65% from the previous day's close of $9.68.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

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

Trading volume was 140,307 on 585 total trades, with an average volume of 67,495 in the last five days.

The TSX overall saw 2,100 price advancers against 3,108 declines and 117 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 advanced 8.30 percent in 52 weeks, while they have advanced 3.37% 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 $791.86 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..