Major Drilling Group International (OTCMKTS:MJDLF) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Major Drilling Group International Inc. (OTCMKTS:MJDLFGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $6.43 and traded as low as $6.01. Major Drilling Group International shares last traded at $6.05, with a volume of 1,400 shares.

Major Drilling Group International Stock Down 2.8 %

The business has a fifty day simple moving average of $6.14 and a 200-day simple moving average of $6.43.

About Major Drilling Group International

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Major Drilling Group International Inc provides contract drilling services for mining and mineral exploration companies. The company 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 related mining services.

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