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Seaport Global covered Xtreme Drilling (OTC:XTMCF), stepping up its target to $4.00 earlier today

Seaport Global upped the price target of Xtreme Drilling (OTC:XTMCF) to $4.00 stating a potential upside of 0.91%.

Yesterday Xtreme Drilling (OTC:XTMCF) traded 0.00% even at $2.09. The company’s 50-day moving average is $2.04 and its 200-day moving average is $1.91. The last stock close price is up 9.40% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 6,622

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Xtreme Drilling (OTC:XTMCF)

Xtreme Drilling has 52 week low of $1.04 and a 52 week high of $2.30 and has a market capitalization of $0.

Brief Synopsis On Xtreme Drilling (OTC:XTMCF)

Xtreme Drilling Corp. provides onshore drilling and coiled tubing services for the exploration and production companies. The company operates in Drilling Services (XDR) and Coil Services (XSR) segments. It designs, builds, owns, and operates a fleet of high specification drilling rigs and coiled tubing well service units featuring proprietary technology, including alternating current high capacity coil injectors, deep re-entry drilling capability, modular transportation systems, and continuous integration of in-house advances in methodologies. The company has contracts with oil and natural gas exploration and production companies, and integrated oilfield service providers in Canada, the United States, Saudi Arabia, and India. As of December 31, 2015, it operated 21 XDR rigs and 7 XSR rigs. The company was formerly known as Xtreme Drilling and Coil Services Corp. and changed its name to Xtreme Drilling Corp. in July 2016. Xtreme Drilling Corp. was founded in 2005 and is headquartered in Calgary, Canada.

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