TSE:MDI Major Drilling Group International (MDI) Stock Price, News & Analysis → The attacks will come for me after releasing this… (From Porter & Company) (Ad) Free MDI Stock Alerts C$8.64 -0.14 (-1.59%) (As of 06/17/2024 ET) Add Compare Share Share Today's RangeC$8.56▼C$8.7950-Day RangeC$8.64▼C$10.2552-Week RangeC$6.81▼C$10.39Volume39,898 shsAverage Volume148,055 shsMarket CapitalizationC$706.67 millionP/E Ratio11.22Dividend Yield0.46%Price TargetC$14.00 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/Downside62.0% UpsideC$14.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. 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.2.29 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 5.19%. 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 2.8 News and Social Media Coverage News SentimentMajor Drilling Group International has a news sentiment score of 1.08. 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 higher news sentiment than the 0.54 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Major Drilling Group International this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for MDI on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Major Drilling Group International insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.32% of the stock of Major Drilling Group International is held by insiders.Percentage Held by Institutions56.96% 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 11.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Major Drilling Group International is 11.22, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 137.73.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 1.40. 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 Prosper Trading AcademyBeta testers blew this thing upThis AI trading tool is probably unlike anything you've ever seen before… It scans the entire market and finds hot stocks that you probably have never even heard of… …it recommends the best potential strategy to use on the names it finds (with historical data to prove it)Click Here To Read More About This Game Changing AI Tool 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 HeadlinesMay 9, 2024 | morningstar.comMajor Drilling Group International Inc MDIMay 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 IncJanuary 5, 2024 | investing.comMajor Drilling (MDI) Earnings Dates & ReportsDecember 7, 2023 | markets.businessinsider.comMajor Drilling Achieves Highest Revenue in More Than Ten Years; Strong Cash Generation Drives Share RepurchasesDecember 7, 2023 | finance.yahoo.comMajor Drilling Achieves Highest Revenue in More Than Ten Years; Strong Cash Generation Drives Share RepurchasesSeptember 5, 2023 | finance.yahoo.comMajor Drilling Reports First Quarter Results, Robust Cash Position Drives Share Repurchases and Long-Term Debt Reduction to ZeroJuly 19, 2023 | finance.yahoo.comMajor Drilling Group International's (TSE:MDI) investors will be pleased with their favorable 66% return over the last three yearsJune 14, 2023 | finanznachrichten.deMajor Drilling Group International Inc.: Major Drilling Announces Fourth Quarter and Fiscal Year 2023 Results, Annual Net Earnings up 40%June 9, 2023 | theglobeandmail.comFed Minutes on Next Week’s CalendarMay 30, 2023 | finance.yahoo.com3MJ.F - Major Drilling Group International Inc.May 30, 2023 | finance.yahoo.comMajor Drilling to Release Fourth Quarter and Fiscal 2023 ResultsMay 8, 2023 | theglobeandmail.comClosing Bell: Major Drilling Grp down on Monday (MDI)May 5, 2023 | theglobeandmail.comClosing Bell: Major Drilling Grp up on Friday (MDI)April 28, 2023 | theglobeandmail.comClosing Bell: Major Drilling Grp flat on Thursday (MDI)April 19, 2023 | theglobeandmail.comClosing Bell: Major Drilling Grp down on Wednesday (MDI)April 19, 2023 | theglobeandmail.comClosing Bell: Major Drilling Grp up on Tuesday (MDI)April 14, 2023 | theglobeandmail.comClosing Bell: Major Drilling Grp down on Thursday (MDI)See 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 Earnings6/08/2017Today6/17/2024Next Earnings (Estimated)9/03/2024Get 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$14.00 High Stock Price TargetC$14.00 Low Stock Price TargetC$14.00 Potential Upside/Downside+61.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.77 Trailing P/E Ratio11.25 Forward P/E Ratio10.69 P/E Growth3.45Net IncomeC$63.95 million Net Margins8.84% Pretax MarginN/A Return on Equity14.08% Return on Assets9.50% Debt Debt-to-Equity Ratio1.05 Current Ratio3.75 Quick Ratio1.92 Sales & Book Value Annual SalesC$723.63 million Price / Sales0.98 Cash FlowC$1.04 per share Price / Cash Flow8.33 Book ValueC$6.18 per share Price / Book1.40Miscellaneous Outstanding Shares81,790,000Free FloatN/AMarket CapC$708.30 million OptionableNot Optionable Beta1.65 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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:ALSLithium AmericasTSE:LACSkeena ResourcesTSE:SKEPolyMet MiningTSE:POMView All CompetitorsInsidersKevin Bradley SlemkoSold 1,000 sharesTotal: C$9,200.00 ($9.20/share)Louis-Pierre GignacBought 2,000 shares on 11/3/2023Total: C$14,600.00 ($7.30/share)View All Insider Transactions MDI Stock Analysis - Frequently Asked Questions Should I buy or sell Major Drilling Group International stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Major Drilling Group International in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MDI shares. View MDI analyst ratings or view top-rated stocks. What is Major Drilling Group International's stock price target for 2024? 1 brokerages have issued 12-month price targets for Major Drilling Group International's shares. Their MDI share price targets range from C$14.00 to C$14.00. On average, they expect the company's share price to reach C$14.00 in the next year. This suggests a possible upside of 62.0% from the stock's current price. View analysts price targets for MDI or view top-rated stocks among Wall Street analysts. How have MDI shares performed in 2024? Major Drilling Group International's stock was trading at C$9.21 at the start of the year. Since then, MDI shares have decreased by 6.2% and is now trading at C$8.64. View the best growth stocks for 2024 here. When is Major Drilling Group International's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 3rd 2024. View our MDI earnings forecast. How were Major Drilling Group International's earnings last quarter? Major Drilling Group International Inc. (TSE:MDI) released its quarterly earnings data on Thursday, June, 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.12) by $0.02. The firm earned $81.47 million during the quarter, compared to analyst estimates of $94.30 million. Major Drilling Group International had a net margin of 8.84% and a trailing twelve-month return on equity of 14.08%. Is Major Drilling Group International a good dividend stock? Major Drilling Group International (TSE:MDI) pays an annual dividend of C$0.04 per share and currently has a dividend yield of 0.63%. The dividend payout ratio is 5.19%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for MDI. What other stocks do shareholders of Major Drilling Group International own? Based on aggregate information from My MarketBeat watchlists, some companies that other Major Drilling Group International investors own include Cardinal Energy (CJ), Invesco (IVZ), BCE (BCE), Check Point Software Technologies (CHKP), Dundee Energy (DEN), Enbridge (ENB), AltaGas (ALA), Alimentation Couche-Tard (ATD.B) and Chorus Aviation (CHR). 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. 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