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

Today in trading, Major Drilling Grp stock opened at $9.28 and closed at $9.43. Intraday prices ranged from $9.28 to $9.56.

The price boosted 2.50% from the previous day's close of $9.20.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

A total of 75,241 shares was traded during the session, with total trades of 533, while having an average volume of 52,487 over 5 days.

Trading across the entire TSX saw 3,418 price advancers against 1,773 declines and 138 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 12 months, Major Drilling Grp's shares have eased -0.21%, while in 2024, they have gained 2.39%.

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 $752.60 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.

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.

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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..