TSE:MDI Major Drilling Group International (MDI) Stock Price, News & Analysis C$7.62 -0.32 (-4.03%) (As of 09/6/2024 ET) Add Compare Share Share Today's RangeC$7.50▼C$8.1750-Day RangeC$7.62▼C$9.7052-Week RangeC$6.81▼C$10.39Volume282,303 shsAverage Volume125,044 shsMarket CapitalizationC$623.32 millionP/E Ratio11.91Dividend Yield0.52%Price TargetC$13.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider Trades Get Major Drilling Group International alerts: Email Address Major Drilling Group International MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside70.6% UpsideC$13.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.12Based on 5 Articles This WeekInsider TradingAcquiring SharesC$189,908 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.73 out of 5 stars 3.5 Analyst's Opinion Consensus RatingMajor Drilling Group International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageMajor Drilling Group International has received no research coverage in the past 90 days.Read more about Major Drilling Group International's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MDI. Previous Next 0.8 Dividend Strength Dividend YieldMajor Drilling Group International has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMajor Drilling Group International does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Major Drilling Group International is 6.25%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Major Drilling Group International's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MDI. Previous Next 1.7 News and Social Media Coverage News SentimentMajor Drilling Group International has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Major Drilling Group International this week, compared to 0 articles on an average week.Search InterestOnly 2 people have searched for MDI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Major Drilling Group International insiders have bought 329.03% more of their company's stock than they have sold. Specifically, they have bought C$189,908.00 in company stock and sold C$44,265.00 in company stock.Percentage Held by InsidersOnly 0.32% of the stock of Major Drilling Group International is held by insiders.Percentage Held by Institutions43.89% 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. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Major Drilling Group International is 11.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Major Drilling Group International is 11.91, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 119.12.Price to Earnings Growth RatioMajor 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 RatioMajor Drilling Group International has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Major Drilling Group International's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Insiders ExposedHas Trump Finally Gone Too Far?Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.Register For The Webinar To Discover About Major Drilling Group International Stock (TSE:MDI)Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies. The company offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, surface drill and blast, and related mining services. The company was founded in 1980 and is headquartered in Moncton, Canada with additional offices in the United States, Mexico, South America, Asia, Africa, and Australia.Read More MDI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MDI Stock News HeadlinesSeptember 2, 2024 | americanbankingnews.comMajor Drilling Group International (MDI) to Release Earnings on WednesdayAugust 31, 2024 | uk.investing.comMajor Drilling Group International (MDI)September 7, 2024 | WealthPress (Ad)EXPOSED: Hotspot Dates for popular stocks Did you know almost every stock in the market has multiple “Hotspot Dates”? They indicate when the stock has gone up on the same dates… at the same time… FOR DECADES For example, have you ever traded a stock called Constellation Energy (ticker: CEG)? Maybe not… Energy stocks haven’t received much love over the past 12 months. But anybody who knew about the “Hotspot Date” during the last week in January…August 14, 2024 | msn.comNew drilling technology to put billions of barrels of oil in reach, analysts sayAugust 13, 2024 | reuters.comMajor Gulf market mixed ahead of US data, oil demand concernsAugust 5, 2024 | finance.yahoo.comOwning 46% shares,institutional owners seem interested in Major Drilling Group International Inc. (TSE:MDI),July 19, 2024 | finance.yahoo.comReturns At Major Drilling Group International (TSE:MDI) Are On The Way UpMay 9, 2024 | morningstar.comMajor Drilling Group International Inc MDISeptember 7, 2024 | WealthPress (Ad)EXPOSED: Hotspot Dates for popular stocks Did you know almost every stock in the market has multiple “Hotspot Dates”? They indicate when the stock has gone up on the same dates… at the same time… FOR DECADES For example, have you ever traded a stock called Constellation Energy (ticker: CEG)? Maybe not… Energy stocks haven’t received much love over the past 12 months. But anybody who knew about the “Hotspot Date” during the last week in January…May 6, 2024 | msn.comFG Acquisition to acquire Strong/MDI Screen SystemsApril 19, 2024 | finance.yahoo.comAre Investors Undervaluing Major Drilling Group International Inc. (TSE:MDI) By 50%?April 4, 2024 | seekingalpha.comMDI:CA Major Drilling Group International Inc.March 26, 2024 | finance.yahoo.comMajor Drilling Group International Inc.'s (TSE:MDI) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?March 1, 2024 | finanznachrichten.deMajor Drilling Group International Inc.: Major Drilling Announces Third Quarter Results, Strong Cash Generation ContinuesFebruary 26, 2024 | finance.yahoo.comMajor Drilling Group International Inc. (TSE:MDI) is favoured by institutional owners who hold 51% of the companyFebruary 15, 2024 | finance.yahoo.comMajor Drilling to Release Third Quarter Results for Fiscal 2024February 6, 2024 | msn.comBear of the Day: Precision Drilling Corp. (PDS)January 24, 2024 | finance.yahoo.comChuck Royce Acquires New Stake in Major Drilling Group International IncSee More Headlines Receive MDI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Major Drilling Group International and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings6/11/2024Today9/07/2024Next Earnings (Estimated)12/05/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Other Industrial Metals & Mining Sub-IndustryN/A Current SymbolTSE:MDI CUSIPN/A CIKN/A Webwww.majordrilling.com Phone+1-506-8578636FaxN/AEmployees2,500Year FoundedN/APrice Target and Rating Average Stock Price TargetC$13.00 High Stock Price TargetC$13.00 Low Stock Price TargetC$13.00 Potential Upside/Downside+70.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.64 Trailing P/E Ratio11.91 Forward P/E Ratio9.41 P/E Growth3.45Net IncomeC$53.09 million Net Margins7.51% Pretax MarginN/A Return on Equity11.22% Return on Assets7.51% Debt Debt-to-Equity Ratio0.95 Current Ratio3.40 Quick Ratio1.92 Sales & Book Value Annual SalesC$706.69 million Price / Sales0.88 Cash FlowC$0.91 per share Price / Cash Flow8.33 Book ValueC$6.04 per share Price / Book1.26Miscellaneous Outstanding Shares81,800,000Free FloatN/AMarket CapC$623.32 million OptionableNot Optionable Beta1.65 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. 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Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report Key ExecutivesMr. Denis Larocque (Age 54)President, CEO & Non-Independent Director Comp: $1.32MMr. Ian RossChief Financial OfficerMr. Ben GrahamVice President of Human Resources & SafetyMr. Marc Landry C.M.A.CPA, Vice President Technology & LogisticsMr. Andrew McLaughlinVP of Legal Affairs, General Counsel & SecretaryChantal MelansonExecutive AssistantBarry ZerbinVice President of Canadian OperationsMr. Kevin Bradley SlemkoVice President of US OperationsMore ExecutivesKey CompetitorsAlphamin ResourcesCVE:AFMAltius MineralsTSE:ALSSkeena ResourcesTSE:SKELithium AmericasTSE:LACPolyMet MiningTSE:POMView All CompetitorsInsidersGhislain LeblancBought 1,100 shares on 7/12/2024Total: C$9,988.00 ($9.08/share)Benjamin Luke GrahamBought 20,000 shares on 6/21/2024Total: C$175,200.00 ($8.76/share)John Ross DaviesSold 4,968 sharesTotal: C$44,264.88 ($8.91/share)Ashley Sedrick MartinBought 545 shares on 6/13/2024Total: C$4,719.70 ($8.66/share)Kevin Bradley SlemkoSold 1,000 sharesTotal: C$9,200.00 ($9.20/share)View All Insider Transactions MDI Stock Analysis - Frequently Asked Questions How have MDI shares performed this year? Major Drilling Group International's stock was trading at C$9.21 on January 1st, 2024. Since then, MDI stock has decreased by 17.3% and is now trading at C$7.62. View the best growth stocks for 2024 here. How were Major Drilling Group International's earnings last quarter? Major Drilling Group International Inc. (TSE:MDI) issued its earnings results on Tuesday, June, 11th. The company reported $0.12 EPS for the quarter. The business earned $168.04 million during the quarter. Major Drilling Group International had a net margin of 7.51% and a trailing twelve-month return on equity of 11.22%. 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.Compare Top Brokerages Here. 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), Enbridge (ENB). This page (TSE:MDI) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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