Xtreme Drilling Corp (TSE:XDC)’s share price shot up 5.8% during trading on Wednesday . The company traded as high as C$2.00 and last traded at C$2.00. 1,630 shares changed hands during trading, a decline of 98% from the average session volume of 77,519 shares. The stock had previously closed at C$1.89.

A number of brokerages have commented on XDC. Seaport Global Securities downgraded shares of Xtreme Drilling Corp from a “buy” rating to a “neutral” rating in a research report on Wednesday, June 21st. National Bank Financial cut 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.

The stock’s 50-day moving average price is $1.97 and its 200 day moving average price is $2.16. The company’s market capitalization is $153.88 million.

TRADEMARK VIOLATION WARNING: This report was first published by Watch List News and is owned by of Watch List News. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://www.watchlistnews.com/xtreme-drilling-corp-xdc-shares-up-5-8/1547486.html.

About Xtreme Drilling Corp

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.

Receive News & Ratings for Xtreme Drilling Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xtreme Drilling Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.