Major Drilling Group International (OTCMKTS:MJDLF) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Major Drilling Group International Inc. (OTCMKTS:MJDLF – Get Free Report)’s stock price passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $11.48 and traded as high as $12.07. Major Drilling Group International shares last traded at $11.93, with a volume of 19,426 shares changing hands.

Major Drilling Group International Stock Down 1.4%

The business’s fifty day moving average price is $11.51 and its 200 day moving average price is $11.58.

About Major Drilling Group International

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Major Drilling Group International Inc is a Canadian contract drilling services company that supports the mining and mineral exploration industries. The company provides drilling services used to identify and evaluate mineral deposits, develop mines and support ongoing mining operations.

Its services include surface and underground drilling, deep directional drilling and specialized drilling in technically challenging environments. Major Drilling works with mining companies and exploration firms on projects involving commodities such as gold, copper, nickel, lithium and other base and precious metals.

Founded in 1980 and headquartered in Moncton, New Brunswick, Major Drilling has developed an international operating presence serving clients across North America, South America, Africa, Asia and Australia.

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