CIBC Maintains The “Hold” Rating They’ve had for Trinidad Drilling (TDGCF) Shares

Trinidad Drilling Ltd. (OTCMKTS:TDGCF) Logo

Trinidad Drilling (TDGCF) Rating Reaffirmed

The rating of Trinidad Drilling (TDGCF) shares were restate by stock analysts at CIBC. This was disclosed to clients in a research note on Tuesday morning.

The stock decreased 0.45% or $0.006 during the last trading session, reaching $1.264. About 7,000 shares traded or 75.70% up from the average. Trinidad Drilling Ltd. (TDGCF) has 0.00% since December 2, 2017 and is . It has underperformed by 15.62% the S&P500.

Trinidad Drilling Ltd. designs, builds, and operates drilling rigs for complex wells primarily in Canada, the United States, and internationally. The company has market cap of $343.09 million. It provides land drilling services. It currently has negative earnings. The firm operates 70 rigs in Canada; and 69 rigs in the United States and internationally.

More recent Trinidad Drilling Ltd. (OTCMKTS:TDGCF) news were published by: Seekingalpha.com which released: “Report: Precision bid for Trinidad Drilling may be at risk amid stock selloff – Seeking Alpha” on October 31, 2018. Also Seekingalpha.com published the news titled: “Trinidad Drilling Ltd. 2017 Q3 – Results – Earnings Call Slides – Seeking Alpha” on November 13, 2017. Seekingalpha.com‘s news article titled: “Precision Drilling to buy Trinidad Drilling in $1B deal – Seeking Alpha” with publication date: October 05, 2018 was also an interesting one.

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