Denis Joseph Larocque Acquires 10,000 Shares of Major Drilling Group Int'l Inc. (MDI) Stock

Major Drilling Group Int'l Inc. (TSE:MDI) insider Denis Joseph Larocque purchased 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were acquired at an average cost of C$6.57 per share, for a total transaction of C$65,700.00.

Denis Joseph Larocque also recently made the following trade(s):

  • On Monday, September 18th, Denis Joseph Larocque purchased 1,500 shares of Major Drilling Group Int'l stock. The shares were acquired at an average cost of C$6.57 per share, for a total transaction of C$9,855.00.
  • On Tuesday, September 12th, Denis Joseph Larocque purchased 1,400 shares of Major Drilling Group Int'l stock. The shares were acquired at an average cost of C$7.01 per share, for a total transaction of C$9,814.00.

Major Drilling Group Int'l Inc. (MDI) traded down C$0.14 during mid-day trading on Thursday, reaching C$6.29. 51,652 shares of the company’s stock were exchanged, compared to its average volume of 75,866. Major Drilling Group Int'l Inc. has a fifty-two week low of C$6.10 and a fifty-two week high of C$8.69.

A number of research firms have weighed in on MDI. TD Securities cut shares of Major Drilling Group Int'l from a “buy” rating to a “hold” rating and cut their price objective for the company from C$9.50 to C$9.00 in a research report on Friday, September 8th. Beacon Securities cut shares of Major Drilling Group Int'l from a “buy” rating to a “hold” rating in a research report on Thursday, September 7th. Finally, Eight Capital upgraded shares of Major Drilling Group Int'l from a “neutral” rating to a “buy” rating in a research report on Wednesday, September 20th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Major Drilling Group Int'l presently has a consensus rating of “Hold” and an average price target of C$8.19.

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Major Drilling Group Int'l Company Profile

Major Drilling Group International Inc is a drilling services company. The Company is engaged in the business of contract drilling for companies primarily involved in mining and mineral exploration. The Company operates through three geographical segments, which include Canada – U.S., South and Central America, and Asia and Africa.

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

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