Xtreme Drilling Corp. (XDC) Insider Sells C$19,362.00 in Stock

Xtreme Drilling Corp. (TSE:XDC) insider Burgundy Asset Management Ltd. sold 9,220 shares of the business’s stock in a transaction that occurred on Friday, November 3rd. The shares were sold at an average price of C$2.10, for a total transaction of C$19,362.00.

Shares of Xtreme Drilling Corp. (XDC) traded down C$0.04 on Friday, reaching C$2.06. 59,600 shares of the company’s stock traded hands, compared to its average volume of 85,929. Xtreme Drilling Corp. has a 1-year low of C$1.67 and a 1-year high of C$2.95.

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XDC has been the subject of several research analyst reports. National Bank Financial lowered their price objective on shares of Xtreme Drilling Corp. from C$2.75 to C$2.50 and set a “sector perform” rating for the company in a research report on Friday, August 4th. Seaport Global Securities restated a “neutral” rating on shares of Xtreme Drilling Corp. in a research report on Tuesday, August 8th.

Xtreme Drilling Corp. Company Profile

Xtreme Drilling Corp, formerly Xtreme Drilling and Coil Services Corp, is a Canada-based company engaged in the oil and gas drilling industry. The Company’s segments are Drilling Services, Coil Services and Corporate and Other. 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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