Shares of Xtreme Drilling Corp (TSE:XDC) traded down 7.7% during trading on Friday . The stock traded as low as C$2.23 and last traded at C$2.37. 143,590 shares were traded during trading, an increase of 283% from the average session volume of 37,524 shares. The stock had previously closed at C$2.20.

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

The company has a market cap of $165.71, a PE ratio of -1.39 and a beta of 2.02.

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Xtreme Drilling 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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