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TSE:MDI

Major Drilling Group International (MDI) Stock Price, News & Analysis

Major Drilling Group International logo
C$6.94 -0.64 (-8.44%)
As of 04:00 PM Eastern

About Major Drilling Group International Stock (TSE:MDI)

Key Stats

Today's Range
C$6.69
C$7.36
50-Day Range
C$7.17
C$9.30
52-Week Range
C$6.69
C$10.39
Volume
244,193 shs
Average Volume
147,093 shs
Market Capitalization
C$567.38 million
P/E Ratio
13.62
Dividend Yield
0.58%
Price Target
C$13.50
Consensus Rating
N/A

Company Overview

Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Asia and Africa, of which most of its revenue comes from Canada - the United States.

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Major Drilling Group International Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
21st Percentile Overall Score

MDI MarketRank™: 

Major Drilling Group International scored higher than 21% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Major Drilling Group International is 13.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.24.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Major Drilling Group International is 13.62, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 73.60.

  • Price to Earnings Growth Ratio

    Major Drilling Group International has a PEG Ratio of 3.45. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Major Drilling Group International has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for MDI.
  • Dividend Yield

    Major Drilling Group International has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Major Drilling Group International does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Major Drilling Group International is 7.85%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Major Drilling Group International's dividend.
  • Short Interest

    There is no current short interest data available for MDI.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Major Drilling Group International this week, compared to 0 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Major Drilling Group International insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$12,588.00 in company stock and sold C$0.00 in company stock.

  • Percentage Held by Insiders

    Only 0.32% of the stock of Major Drilling Group International is held by insiders.

  • Percentage Held by Institutions

    52.17% of the stock of Major Drilling Group International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Major Drilling Group International's insider trading history.
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MDI Stock News Headlines

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U.S. Oil Drilling Activity Inches Up
See More Headlines

MDI Stock Analysis - Frequently Asked Questions

Major Drilling Group International's stock was trading at C$8.21 at the beginning of the year. Since then, MDI stock has decreased by 15.5% and is now trading at C$6.94.
View the best growth stocks for 2025 here
.

Major Drilling Group International Inc. (TSE:MDI) posted its earnings results on Thursday, June, 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.02. The firm earned $81.47 million during the quarter, compared to analysts' expectations of $94.30 million. Major Drilling Group International had a net margin of 6.12% and a trailing twelve-month return on equity of 8.26%.

Shares of MDI stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Based on aggregate information from My MarketBeat watchlists, some other companies that Major Drilling Group International investors own include Cardinal Energy (CJ), Invesco (IVZ), BCE (BCE), Check Point Software Technologies (CHKP), Dundee Energy (DEN), Superior Drilling Products (SDPI) and Enbridge (ENB).

Company Calendar

Last Earnings
6/08/2017
Today
4/04/2025

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Other Industrial Metals & Mining
Sub-Industry
N/A
Current Symbol
TSE:MDI
CIK
N/A
Fax
N/A
Employees
2,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$13.50
High Stock Price Target
C$14.00
Low Stock Price Target
C$13.00
Potential Upside/Downside
+89.1%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Trailing P/E Ratio
14.01
Forward P/E Ratio
12.40
P/E Growth
3.45
Net Income
C$41.61 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$679.45 million
Cash Flow
C$0.86 per share
Price / Cash Flow
8.33
Book Value
C$6.51 per share
Price / Book
1.10

Miscellaneous

Free Float
N/A
Market Cap
C$583.73 million
Optionable
Not Optionable
Beta
1.65
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This page (TSE:MDI) was last updated on 4/4/2025 by MarketBeat.com Staff
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