Major Drilling Group International (MJDLF) Projected to Post Earnings on Wednesday

Major Drilling Group International (OTCMKTS:MJDLF) will likely be issuing its resultson Wednesday, June 10th. Analysts expect the company to announce earnings of $0.0589 per share and revenue of $167.2940 million for the quarter.

Major Drilling Group International Trading Up 3.4%

Shares of OTCMKTS MJDLF opened at $13.17 on Wednesday. Major Drilling Group International has a 1 year low of $5.82 and a 1 year high of $13.56. The company’s 50-day moving average is $11.98 and its 200 day moving average is $11.13.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Major Drilling Group International in a research note on Tuesday, February 24th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

Major Drilling Group International Company Profile

Major Drilling Group International Inc is a Canada-based contract drilling services provider to the global mineral exploration and mining industries. The company specializes in a broad range of drilling techniques—including diamond and reverse circulation core drilling, directional drilling, sonic drilling, and geotechnical and environmental drilling—designed to locate and delineate mineral resources for clients across the precious and base metals sector.

Since its founding in 1980, Major Drilling has expanded its footprint to serve customers on six continents, with operating locations in North America, South America, Africa, Australia, Asia Pacific and Europe.