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

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.

Key Stats

• Today's Range: C$15.31 to C$15.86
• 50-Day Range: C$14.70 to C$18.22
• 52-Week Range: C$7.83 to C$18.65
• Volume: 137,966 shs
• Average Volume: 242,964 shs
• Market Capitalization: C$1.26 billion
• P/E Ratio: 85.22
• Dividend Yield: 0.63%
• Price Target: C$20.50
• Consensus Rating: Buy

Major Drilling Group International Stock Analysis - MarketRank™

Major Drilling Group International scored higher than 33% 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: 3.9 / 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.

Upside Potential

Major Drilling Group International has a consensus price target of C$20.50, representing about 33.6% upside from its current price of C$15.34.

Amount of Analyst Coverage

Major Drilling Group International has only been the subject of 2 research reports 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 85.22, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of Major Drilling Group International is 85.22, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.78.

Price to Earnings Growth Ratio

Major 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 Ratio

Major Drilling Group International has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MDI.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Major Drilling Group International has a dividend yield of 0.63%, which is in 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

MarketBeat Follows

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

Company Ownership

• Score: 0.6 / 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 Insiders

0.32% of the stock of Major Drilling Group International is held by insiders.

Percentage Held by Institutions

49.34% 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: 6/08/2017
• Today: 5/19/2026

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: TSE:MDI
• CIK: N/A
• Web: www.majordrilling.com
• Phone: +1-506-8578636
• Fax: N/A
• Employees: 2,500
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Major Drilling Group International: C$20.50
• High Price Target: C$21.00
• Low Price Target: C$20.00
• Potential Upside/Downside: +33.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): C$0.18
• Trailing P/E Ratio: 85.22
• Forward P/E Ratio: 26.65
• P/E Growth: 3.45
• Net Income: C$41.61 million
• Net Margins: 1.68%
• Pretax Margin: N/A
• Return on Equity: 2.63%
• Return on Assets: 6.57%

Debt

• Debt-to-Equity Ratio: 7.68
• Current Ratio: 2.71
• Quick Ratio: 1.92

Sales & Book Value

• Annual Sales: C$842.94 million
• Price / Sales: 1.49
• Cash Flow: C$1.84 per share
• Price / Cash Flow: 8.33
• Book Value: C$6.64 per share
• Price / Book: 2.31

Miscellaneous

• Outstanding Shares: 82,134,000
• Free Float: N/A
• Market Cap: C$1.26 billion
• Optionable: Not Optionable
• Beta: 1.69