Xtreme Drilling (TSE:XDC) Trading Down 5.9%

Xtreme Drilling Corp. (TSE:XDCGet Free Report) traded down 5.9% during mid-day trading on Monday . The stock traded as low as C$1.90 and last traded at C$1.90. 24,700 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 26,004 shares. The stock had previously closed at C$2.02.

Xtreme Drilling Price Performance

The business’s 50-day moving average price is C$1.90. The company has a market capitalization of C$142.47 million and a P/E ratio of -2.18. The company has a debt-to-equity ratio of 11.91, a current ratio of 1.23 and a quick ratio of 0.73.

About Xtreme Drilling

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Xtreme Drilling Corp., together with its subsidiaries, provides onshore drilling services in the United States. It designs, assembles, and operates a fleet of onshore drilling rigs that features proprietary technology, including modular transportation systems and continuous integration of in-house advances in methodologies.

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