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TSE:MDI

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

Major Drilling Group International logo
C$15.48 0.00 (0.00%)
As of 08/7/2026 04:00 PM Eastern

About Major Drilling Group International Stock (TSE:MDI)

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Key Stats

Today's Range
C$15.23
C$15.66
50-Day Range
C$13.60
C$18.32
52-Week Range
C$8.75
C$18.70
Volume
92,556 shs
Average Volume
256,638 shs
Market Capitalization
C$1.27 billion
P/E Ratio
59.54
Dividend Yield
0.63%
Price Target
C$21.00
Consensus Rating
Buy

Company Overview

Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Asia and Africa, of which most of its revenue comes from Canada - the United States.

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MDI Stock News Headlines

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MDI Stock Analysis - Frequently Asked Questions

Major Drilling Group International's stock was trading at C$12.90 at the beginning of 2026. Since then, MDI stock has increased by 20.0% and is now trading at C$15.48.

Major Drilling Group International Inc. (TSE:MDI) released its quarterly earnings results on Wednesday, June, 10th. The company reported $0.10 EPS for the quarter. The business had revenue of $233.69 million for the quarter. Major Drilling Group International had a trailing twelve-month return on equity of 3.91% and a net margin of 2.40%.
Read the conference call transcript
.

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.

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).

Company Calendar

Last Earnings
6/10/2026
Today
8/10/2026

Industry, Sector and Symbol

Stock Exchange
TSE
Sector
Materials
Industry
Metals & Mining
Sub-Industry
Diversified Metals & Mining
Current Symbol
TSE:MDI
CIK
N/A
Fax
N/A
Employees
2,500
Year Founded
N/A

Price Target and Rating

High Price Target
C$22.00
Low Price Target
C$20.00
Potential Upside/Downside
+35.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
C$0.26
Trailing P/E Ratio
59.54
Forward P/E Ratio
26.89
P/E Growth
3.45
Net Income
C$41.61 million
Net Margins
2.40%
Pretax Margin
N/A
Return on Equity
3.91%
Return on Assets
6.57%

Debt

Debt-to-Equity Ratio
6.32
Current Ratio
2.43
Quick Ratio
1.92

Sales & Book Value

Annual Sales
C$889.08 million
Price / Sales
1.43
Cash Flow
C$1.86 per share
Price / Cash Flow
8.33
Book Value
C$6.76 per share
Price / Book
2.29

Miscellaneous

Outstanding Shares
82,236,000
Free Float
N/A
Market Cap
C$1.27 billion
Optionable
Not Optionable
Beta
1.65
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This page (TSE:MDI) was last updated on 8/10/2026 by MarketBeat.com Staff.
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