Major Drilling Group International (OTCMKTS:MJDLF) Stock Falls 1.2% – Time to Sell?

Shares of Major Drilling Group International Inc. (OTCMKTS:MJDLF – Get Free Report) were down 1.2% during mid-day trading on Friday. The company traded as low as $10.40 and last traded at $10.4693. 15,555 shares were traded during trading, a decline of 48% from the average session volume of 30,045 shares. The stock had previously closed at $10.60.

Major Drilling Group International Stock Performance

The company’s 50 day moving average price is $11.23 and its 200 day moving average price is $11.57.

Major Drilling Group International Company Profile

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Major Drilling Group International Inc. is a Canadian contract drilling services company that supports mineral exploration and mining activities. The company provides drilling services to mining companies, mineral exploration firms and other customers seeking to identify, evaluate and develop mineral resources. Its services include surface and underground drilling, with capabilities designed for projects involving challenging terrain, remote locations and technically complex deposits. Major Drilling’s fleet and expertise support methods such as diamond drilling, reverse-circulation drilling and other specialized drilling applications used in exploration and mine development.

Further Reading

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