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

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.

Key Stats

• Today's Range: C$8.62 to C$8.77
• 50-Day Range: C$8.12 to C$8.89
• 52-Week Range: C$6.98 to C$10.39
• Volume: 32,159 shs
• Average Volume: 77,360 shs
• Market Capitalization: C$717.74 million
• P/E Ratio: 15.39
• Dividend Yield: 0.46%
• Price Target: C$13.50
• Consensus Rating: Buy

MDI Stock Analysis - Frequently Asked Questions

How have MDI shares performed this year?

Major Drilling Group International's stock was trading at C$8.21 on January 1st, 2025. Since then, MDI shares have increased by 6.8% and is now trading at C$8.77.
View the best growth stocks for 2025 here.

How were Major Drilling Group International's earnings last quarter?

Major Drilling Group International Inc. (TSE:MDI) posted its quarterly earnings data 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 company had revenue of $81.47 million for the quarter, compared to the consensus estimate of $94.30 million. Major Drilling Group International had a net margin of 6.76% and a trailing twelve-month return on equity of 9.65%.

How do I buy shares of Major Drilling Group International?

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.

What other stocks do shareholders of Major Drilling Group International own?

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: 1/20/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: TSE:MDI
• CUSIP: N/A
• CIK: N/A
• Web: www.majordrilling.com
• Phone: +1-506-8578636
• 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: +53.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.57
• Trailing P/E Ratio: 15.39
• Forward P/E Ratio: 15.23
• P/E Growth: 3.45
• Net Income: C$47.18 million
• Net Margins: 6.76%
• Pretax Margin: N/A
• Return on Equity: 9.65%
• Return on Assets: 6.57%

Debt

• Debt-to-Equity Ratio: 1.29
• Current Ratio: 3.35
• Quick Ratio: 1.92

Sales & Book Value

• Annual Sales: C$697.85 million
• Price / Sales: 1.03
• Cash Flow: C$1.05 per share
• Price / Cash Flow: 8.33
• Book Value: C$6.27 per share
• Price / Book: 1.40

Miscellaneous

• Outstanding Shares: 81,840,000
• Free Float: N/A
• Market Cap: C$717.74 million
• Optionable: Not Optionable
• Beta: 1.65