The stock of Xtreme Drilling Corp (TSE:XDC) is a huge mover today! About 14,500 shares traded hands. Xtreme Drilling Corp (TSE:XDC) has risen 61.18% since March 14, 2016 and is uptrending. It has outperformed by 55.63% the S&P500.
The move comes after 5 months positive chart setup for the $240.84 million company. It was reported on Oct, 19 by Barchart.com. We have $4.94 PT which if reached, will make TSE:XDC worth $185.45 million more.
Xtreme Drilling Corp (TSE:XDC) Ratings Coverage
Out of 2 analysts covering Xtreme Drilling and Coil Services Corp (TSE:XDC), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $3.75 is the highest target while $2.75 is the lowest. The $3.25 average target is 16.49% above today’s ($2.79) stock price. Xtreme Drilling and Coil Services Corp has been the topic of 2 analyst reports since October 14, 2015 according to StockzIntelligence Inc.
More important recent Xtreme Drilling Corp (TSE:XDC) news were published by: Streetinsider.com which released: “Schlumberger Ltd. (SLB) to Acquire Assets of Xtreme Drilling’s XSR Coiled …” on April 27, 2016, also Marketwired.com published article titled: “Xtreme Drilling and Coil Services Corp. Announces Name Change to Xtreme …”, Marketwired.com published: “Xtreme Drilling and Coil Services Corp. Announces Completion of Sale of XSR …” on June 23, 2016. More interesting news about Xtreme Drilling Corp (TSE:XDC) was released by: Seekingalpha.com and their article: “Xtreme Coil Drilling: Drilling Into Cash Flows During The Downturn (XTMCF)” with publication date: July 23, 2015.
Xtreme Drilling Corp, formerly Xtreme Drilling and Coil Services Corp, is a Canada firm engaged in the gas and oil drilling industry. The company has a market cap of $240.84 million. The Company’s divisions are Drilling Services, Coil Services and Corporate and Other. It currently has negative earnings. The Drilling Services segment operates a fleet of drilling rigs contracted with oil and natural gas exploration, and production companies and oilfield service providers.
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