The stock of Xtreme Drilling Corp (TSE:XDC) is a huge mover today! About 100,500 shares traded hands or 177.96% up from the average. Xtreme Drilling Corp (TSE:XDC) has risen 60.90% since April 11, 2016 and is uptrending. It has outperformed by 56.97% the S&P500.
The move comes after 6 months positive chart setup for the $216.91 million company. It was reported on Nov, 15 by Barchart.com. We have $7.37 PT which if reached, will make TSE:XDC worth $409.96M 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 27.45% above today’s ($2.55) 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 recent Xtreme Drilling Corp (TSE:XDC) news were published by: Reuters.com which released: “BRIEF-Xtreme Drilling Corp reports Q3 revenue C$8.5 million” on November 04, 2016. Also Streetinsider.com published the news titled: “Schlumberger Ltd. (SLB) to Acquire Assets of Xtreme Drilling’s XSR Coiled …” on April 27, 2016. Benzinga.com‘s news article titled: “Xtreme Drilling Corp. Announces Third Quarter Operations Update and Conference …” with publication date: October 19, 2016 was also an interesting one.
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 $216.91 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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