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TSE:MDI

Major Drilling Group International - MDI Stock Forecast, Price & News

C$8.52
-0.08 (-0.93%)
(As of 10/6/2022 10:28 AM ET)
Add
Compare
Today's Range
C$8.49
C$8.73
50-Day Range
C$7.34
C$9.80
52-Week Range
C$7.25
C$12.86
Volume
44,550 shs
Average Volume
162,729 shs
Market Capitalization
C$705.86 million
P/E Ratio
10.39
Dividend Yield
N/A
Price Target
C$16.10
MDI stock logo

About Major Drilling Group International (TSE:MDI) Stock

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 based in Moncton, Canada with additional offices in Mexico, South America, Asia, Africa, USA, and Australia.

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MDI Stock News Headlines

Stocks in play: Major Drilling Group International Inc.
Major Drilling Group International Inc. (MDI.TO)
Got $3,000? 3 Top TSX Stocks to Buy Amid the Market Rally
See More Headlines
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MDI Company Calendar

Last Earnings
6/08/2017
Today
10/06/2022
Next Earnings (Estimated)
12/01/2022

Industry, Sector and Symbol

Industry
Industrial Metals & Minerals
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$16.10
High Stock Price Forecast
C$20.50
Low Stock Price Forecast
C$13.00
Forecasted Upside/Downside
+89.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$699.25 million
Cash Flow
C$0.73 per share
Book Value
C$4.59 per share

Miscellaneous

Free Float
N/A
Market Cap
C$705.86 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Denis Larocque (Age 52)
    Pres, CEO & Non-Independent Director
    Comp: $624.1k
  • Mr. Ian Ross
    Chief Financial Officer
  • Mr. Ben Graham
    VP of HR & Safety
  • Mr. Marc Landry
    VP Technology & Logistics
  • Mr. Andrew McLaughlin
    VP of Legal Affairs, Gen. Counsel & Sec.
  • Mr. David D. Balser
    Sr. Advisor
  • Chantal Melanson
    Exec. Assistant













MDI Stock - Frequently Asked Questions

Should I buy or sell Major Drilling Group International stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Major Drilling Group International in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2022?

3 equities research analysts have issued twelve-month target prices for Major Drilling Group International's stock. Their MDI share price forecasts range from C$13.00 to C$20.50. On average, they anticipate the company's stock price to reach C$16.10 in the next twelve months. This suggests a possible upside of 87.2% 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 2022?

Major Drilling Group International's stock was trading at C$8.26 at the beginning of 2022. Since then, MDI shares have increased by 4.1% and is now trading at C$8.60.
View the best growth stocks for 2022 here
.

When is Major Drilling Group International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 1st 2022.
View our MDI earnings forecast
.

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

Major Drilling Group International Inc. (TSE:MDI) announced its quarterly earnings data on Thursday, June, 8th. The company reported ($0.10) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.02. The business had revenue of $81.47 million for the quarter, compared to the consensus estimate of $94.30 million.

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), Superior Drilling Products (SDPI), Enbridge (ENB), AltaGas (ALA), Alimentation Couche-Tard (ATD.B) and Chorus Aviation (CHR).

What is Major Drilling Group International's stock symbol?

Major Drilling Group International trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MDI."

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 is Major Drilling Group International's stock price today?

One share of MDI stock can currently be purchased for approximately C$8.60.

How much money does Major Drilling Group International make?

Major Drilling Group International (TSE:MDI) has a market capitalization of C$712.48 million and generates C$699.25 million in revenue each year.

How many employees does Major Drilling Group International have?

The company employs 2,500 workers across the globe.

How can I contact Major Drilling Group International?

Major Drilling Group International's mailing address is 111 St George St Suite 100, MONCTON, NB E1C 1T7, Canada. The official website for the company is www.majordrilling.com. The company can be reached via phone at +1-506-8578636.

This page (TSE:MDI) was last updated on 10/6/2022 by MarketBeat.com Staff

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