Public market insider selling at Major Drilling Group Intl (MDI)

Public market insider selling at Major Drilling Group Intl (T:MDI)

Mill Road Capital III, a 10% Holder, disposed of 88,500 Common Shares on a direct ownership basis at prices ranging from $12.579 to $12.807 between April 18th, 2022 and April 20th, 2022. This represents a $1,118,224 divestment of the company's shares and an account share holdings change of -1.0%.

Major Drilling Group Intl is in the Mining Support Services & Equipment Sub Industry Group under the Basic Materials Sector.

Major Drilling Group International Inc. is a drilling services company. The Company operates through three geographical segments: Canada - U.S.; South and Central America, and Asia and Africa. The Company is primarily engaged in the mining industry. The Company provides a range 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 a variety of mine services. The Company has two categories of customers: junior exploration companies and a diversified portfolio of senior/intermediate companies, for which the Company provides greenfield exploration drilling and/or drilling at operating mines. The Company also has an investment in a fleet of digitized mobile underground drills that allow less dependence on client resources as well as increased ability for automation and versatility.