TSE:MDI Major Drilling Group International (MDI) Stock Price, News & Analysis → top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL) (From Traders Agency) (Ad) Free MDI Stock Alerts C$9.50 -0.20 (-2.06%) (As of 04/24/2024 ET) Add Compare Share Share Today's RangeC$9.49▼C$9.6950-Day RangeC$7.62▼C$9.8852-Week RangeC$6.81▼C$10.96Volume45,881 shsAverage Volume181,509 shsMarket CapitalizationC$777.01 millionP/E Ratio12.34Dividend Yield0.42%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/Downside47.4% 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.2.40 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 only been the subject of 1 research reports in the past 90 days. 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%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MDI. Previous Next 2.4 News and Social Media Coverage News SentimentMajor Drilling Group International has a news sentiment score of 0.30. 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 news sentiment score is similar to the average news sentiment 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 Interest2 people have searched for MDI on MarketBeat in the last 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 0.31% of the stock of Major Drilling Group International is held by insiders.Percentage Held by Institutions55.97% 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. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Major Drilling Group International is 12.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Major Drilling Group International is 12.34, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 129.20.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 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Traders Agencytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… 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 HeadlinesApril 19, 2024 | finance.yahoo.comAre Investors Undervaluing Major Drilling Group International Inc. (TSE:MDI) By 50%?April 18, 2024 | americanbankingnews.comMajor Drilling Group International (TSE:MDI) Shares Cross Above 200-Day Moving Average of $8.32April 25, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.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 2024April 25, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.February 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)April 11, 2023 | finance.yahoo.comInstitutions own 40% of Major Drilling Group International Inc. (TSE:MDI) shares but retail investors control 49% of the companySee 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 Earnings2/29/2024Today4/25/2024Next Earnings (Estimated)6/11/2024Get 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+47.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.77 Trailing P/E Ratio12.34 Forward P/E Ratio12.10 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 / Sales1.07 Cash FlowC$1.14 per share Price / Cash Flow8.33 Book ValueC$6.18 per share Price / Book1.54Miscellaneous Outstanding Shares81,790,000Free FloatN/AMarket CapC$777.01 million OptionableNot Optionable Beta1.66 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.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 CompetitorsAltius MineralsTSE:ALSSkeena ResourcesTSE:SKEPolyMet MiningTSE:POMLithium AmericasTSE:LACAscot ResourcesTSE:AOTView 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Major Drilling Group International in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research 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 Wall Street research analysts have issued 1-year price objectives for Major Drilling Group International's stock. Their MDI share price targets range from C$14.00 to C$14.00. On average, they expect the company's stock price to reach C$14.00 in the next twelve months. This suggests a possible upside of 47.4% 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 beginning of the year. Since then, MDI shares have increased by 3.1% and is now trading at C$9.50. 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, June 11th 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, February, 29th. The company reported ($0.03) EPS for the quarter. The company earned $132.82 million during the quarter. Major Drilling Group International had a trailing twelve-month return on equity of 14.08% and a net margin of 8.84%. 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. This page (TSE:MDI) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarHe Is Giving Away BitcoinCrypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Presstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyThe #1 Crypto for 2024InvestorPlaceFed launches fourth dollar overhaulStansberry ResearchNew Trump BombshellThe Freeport Society Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Major Drilling Group International Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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