MDI Crosses Above Key Moving Average Level

In trading on Thursday, shares of Major Drilling Group International Inc. (TSX: MDI.TO) crossed above their 200 day moving average of $8.12, changing hands as high as $8.15 per share. Major Drilling Group International Inc. shares are currently trading up about 3.3% on the day. The chart below shows the one year performance of MDI shares, versus its 200 day moving average:

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Major Drilling Group International Inc. 200 Day Moving Average Chart

Looking at the chart above, MDI's low point in its 52 week range is $6.41 per share, with $12.20 as the 52 week high point — that compares with a last trade of $8.14.

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