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

Company Overview

Major Drilling Group International Inc. is a Canada-based contract drilling services provider to the global mineral exploration and mining industries. The company specializes in a broad range of drilling techniques—including diamond and reverse circulation core drilling, directional drilling, sonic drilling, and geotechnical and environmental drilling—designed to locate and delineate mineral resources for clients across the precious and base metals sector.

Since its founding in 1980, Major Drilling has expanded its footprint to serve customers on six continents, with operating locations in North America, South America, Africa, Australia, Asia Pacific and Europe. Its fleet of drilling rigs and integrated support infrastructure enables the company to execute projects ranging from grassroots exploration campaigns to complex resource expansion and geotechnical programs. Major Drilling also offers ancillary services such as hole logging, sampling, and data management to complement its core drilling capabilities.

The company is headquartered in Moncton, New Brunswick, and is governed by a board of directors with deep experience in mining and engineering services. Robert Baxter, who joined Major Drilling in the late 1990s and was appointed President and Chief Executive Officer in 2006, leads a management team focused on operational excellence, safety performance and sustainable growth. Major Drilling’s global scale, technical expertise and focus on client partnerships have established it as a trusted drilling contractor in the mining sector.

Key Stats

• Today's Range: $12.32 to $12.38
• 50-Day Range: $10.76 to $13.24
• 52-Week Range: $5.82 to $13.56
• Volume: 50,768 shs
• Average Volume: 28,473 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 1.62%
• Price Target: N/A
• Consensus Rating: Buy

Major Drilling Group International Stock Analysis - MarketRank™

Major Drilling Group International scored higher than 9% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Major Drilling Group International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Major Drilling Group International has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Major Drilling Group International is -17.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Major Drilling Group International is -17.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Major Drilling Group International has a short interest ratio ("days to cover") of 86.91, which indicates bearish sentiment.

Change versus previous month

Short interest in Major Drilling Group International has recently decreased by 10.73%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Major Drilling Group International pays a meaningful dividend of 3.45%, higher than 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.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

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.

MarketBeat Follows

1 people have added Major Drilling Group International to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Major Drilling Group International insiders have not sold or bought any company stock.

Percentage Held by Institutions

61.91% 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.

Company Calendar

• Last Earnings: 12/04/2013
• Today: 5/30/2026
• Next Earnings (Estimated): 6/10/2026

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:MJDLF
• CIK: 1173658
• Web: www.majordrilling.com
• Phone: (506) 857-8636
• Fax: N/A
• Employees: 2,500
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A