Major Drilling Group Int’l Inc. (TSE:MDI) Director David Buchanan Tennant bought 3,000 shares of the firm’s stock in a transaction on Wednesday, September 12th. The shares were bought at an average price of C$4.93 per share, with a total value of C$14,790.00.

MDI traded down C$0.11 during mid-day trading on Wednesday, reaching C$4.96. 92,020 shares of the company traded hands, compared to its average volume of 70,270. Major Drilling Group Int’l Inc. has a 52-week low of C$4.85 and a 52-week high of C$7.89.

Major Drilling Group Int’l (TSE:MDI) last announced its earnings results on Tuesday, September 4th. The company reported C($0.03) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.04) by C$0.01. The business had revenue of C$98.49 million during the quarter, compared to analyst estimates of C$100.30 million. Major Drilling Group Int’l had a negative net margin of 3.09% and a negative return on equity of 2.86%.

Separately, TD Securities decreased their target price on shares of Major Drilling Group Int’l from C$8.00 to C$6.50 and set a “hold” rating for the company in a research note on Thursday, September 6th.

About Major Drilling Group Int’l

Major Drilling Group International Inc primarily provides contract drilling services for mining and mineral exploration companies. It offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive/longhole drilling, surface drill and blast, and various mine services.

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Insider Buying and Selling by Quarter for Major Drilling Group Int`l (TSE:MDI)

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