Shares of Xtreme Drilling Corp (TSE:XDC) shot up 1.4% during trading on Wednesday . The company traded as high as C$2.20 and last traded at C$2.12. 6,668 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 83,044 shares. The stock had previously closed at C$2.15.

Separately, National Bank Financial raised their price objective on shares of Xtreme Drilling from C$2.50 to C$2.75 and gave the stock a “sector perform” rating in a report on Tuesday, October 3rd.

The firm has a market capitalization of $158.96, a PE ratio of -1.45 and a beta of 2.00.

COPYRIGHT VIOLATION NOTICE: This piece was posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this piece on another website, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this piece can be accessed at

About Xtreme Drilling

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