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Today's Research Reports on Major Drilling, Canfor, Hyduke Energy and CanWel Building Materials

NEW YORK, NY / ACCESSWIRE / June 20, 2018 / Research Driven Investing strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us free at http://rdinvesting.com and get exclusive access to our numerous research reports and market updates.

RDI Initiates Coverage on:

Major Drilling Group International Inc.
https://rdinvesting.com/news/?ticker=MDI.TO

Canfor Corporation
https://rdinvesting.com/news/?ticker=CFP.TO

Hyduke Energy Services Inc.
https://rdinvesting.com/news/?ticker=HYD.TO

CanWel Building Materials Group Ltd.
https://rdinvesting.com/news/?ticker=CWX.TO

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Major Drilling's stock moved 6.78% lower Tuesday, to close the day at $6.46. The stock recorded a trading volume of 71,505 shares, which was above its three months average volume of 49,728 shares. In the last year, Major Drilling's shares have traded in a range of 6.03 - 8.69. The stock is currently trading 25.66% below its 52 week high. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $6.96 is greater than its 200-day moving average of $6.69. Shares of Major Drilling have fallen approximately 4.82 percent year-to-date.

Access RDI's Major Drilling Group International Inc. Research Report at:
https://rdinvesting.com/news/?ticker=MDI.TO

On Tuesday, shares of Canfor recorded a trading volume of 125,390 shares, which was below the three months average volume of 324,521 shares. The stock ended the day 0.84% lower at 30.64. The share price has gained 65.89% from its 52 week low with a 52 week trading range of 18.47 - 34.04. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $31.80 is greater than its 200-day moving average of $29.29. Shares of the company are trading at a Price to Earnings ratio of 10.21. Shares of Canfor have fallen approximately 23.65 percent year-to-date.

Access RDI's Canfor Corporation Research Report at:
https://rdinvesting.com/news/?ticker=CFP.TO

Hyduke Energy's stock had no change Tuesday, to close the day at $0.11. The stock recorded a trading volume of 181,500 shares, which was above its three months average volume of 51,437 shares. In the last year, Hyduke Energy's shares have traded in a range of 0.10 - 0.38. The stock is currently trading 71.05% below its 52 week high. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.12 is below its 200-day moving average of $0.17. Shares of Hyduke Energy have fallen approximately 45 percent year-to-date.

Access RDI's Hyduke Energy Services Inc. Research Report at:
https://rdinvesting.com/news/?ticker=HYD.TO

On Tuesday, shares of CanWel Building Materials recorded a trading volume of 95,456 shares, which was below the three months average volume of 154,635 shares. The stock ended the day 1.13% higher at 7.19. The share price has gained 22.07% from its 52 week low with a 52 week trading range of 5.89 - 7.50. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $7.11 is greater than its 200-day moving average of $6.87. Shares of CanWel Building Materials are trading at a Price to Earnings ratio of 15.46. Shares of CanWel Building Materials have fallen approximately 2.44 percent year-to-date.

Access RDI's CanWel Building Materials Group Ltd. Research Report at:
https://rdinvesting.com/news/?ticker=CWX.TO

Our Actionable Research on Major Drilling Group International Inc. (TSX: MDI.TO) and Canfor Corporation (TSX: CFP.TO) and Hyduke Energy Services Inc. (TSX: HYD.TO) and CanWel Building Materials Group Ltd. (TSX: CWX.TO) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com