Log in
TSE:MDI

Major Drilling Group International Inc. (MDI.TO) Stock Forecast, Price & News

C$6.06
-0.09 (-1.46 %)
(As of 11/27/2020 12:00 AM ET)
Add
Compare
Today's Range
C$5.90
Now: C$6.06▼
C$6.11
50-Day Range
C$5.90
MA: C$6.65▼
C$7.17
52-Week Range
C$2.26
Now: C$6.06▼
C$7.54
Volume155,610 shs
Average Volume216,513 shs
Market CapitalizationC$488.68 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies in Canada, the United States, Mexico, South America, Asia, Africa, and Europe. 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 various mine services. As of July 31, 2020, it had 613 drill rigs. The company was founded in 1980 and is headquartered in Moncton, Canada.
Read More
Major Drilling Group International Inc. (MDI.TO) logo

Beat the Market (BTM) Rank™

Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.18 out of 5 stars


Industry, Sector and Symbol

Stock Exchange TSE
Industry Industrial Metals & Minerals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:MDI
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.majordrilling.com
Phone+1-506-8578636
Employees2,500

Debt

Debt-to-Equity Ratio11.82
Current Ratio3.63
Quick Ratio1.94

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio22.44
P/E Growth13.48

Sales & Book Value

Annual SalesC$381.10 million
Price / Sales1.28
Cash FlowC$0.37 per share
Price / Cash Flow16.34
Book ValueC$3.63 per share
Price / Book1.67

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Outstanding Shares80,641,000
Market CapC$488.68 million
Next Earnings Date12/2/2020 (Estimated)
OptionableNot Optionable
C$6.06
-0.09 (-1.46 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive MDI News and Ratings via Email

Sign-up to receive the latest news and ratings for MDI and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Major Drilling Group International Inc. (MDI.TO) (TSE:MDI) Frequently Asked Questions

How has Major Drilling Group International Inc. (MDI.TO)'s stock price been impacted by COVID-19?

Major Drilling Group International Inc. (MDI.TO)'s stock was trading at C$3.68 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MDI stock has increased by 64.7% and is now trading at C$6.06.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of Major Drilling Group International Inc. (MDI.TO)?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Major Drilling Group International Inc. (MDI.TO) in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Major Drilling Group International Inc. (MDI.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Major Drilling Group International Inc. (MDI.TO)?

Wall Street analysts have given Major Drilling Group International Inc. (MDI.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Major Drilling Group International Inc. (MDI.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Major Drilling Group International Inc. (MDI.TO)'s next earnings date?

Major Drilling Group International Inc. (MDI.TO) is scheduled to release its next quarterly earnings announcement on Wednesday, December 2nd 2020.
View our earnings forecast for Major Drilling Group International Inc. (MDI.TO).

How were Major Drilling Group International Inc. (MDI.TO)'s earnings last quarter?

Major Drilling Group International Inc. (MDI.TO) (TSE:MDI) announced its quarterly earnings data on Tuesday, September, 8th. The company reported $0.03 EPS for the quarter. The firm earned $89.42 million during the quarter, compared to analysts' expectations of $121 million.
View Major Drilling Group International Inc. (MDI.TO)'s earnings history.

What price target have analysts set for MDI?

2 brokerages have issued 1-year price targets for Major Drilling Group International Inc. (MDI.TO)'s stock. Their forecasts range from C$8.00 to C$8.00. On average, they expect Major Drilling Group International Inc. (MDI.TO)'s share price to reach C$8.00 in the next year. This suggests a possible upside of 32.0% from the stock's current price.
View analysts' price targets for Major Drilling Group International Inc. (MDI.TO).

Who are some of Major Drilling Group International Inc. (MDI.TO)'s key competitors?

Some companies that are related to Major Drilling Group International Inc. (MDI.TO) include Semafo (SMF), SilverCrest Metals Inc. (SIL.TO) (SIL), Lithium Americas Corp. (LAC.TO) (LAC), Nexa Resources S.A. (NEXA.TO) (NEXA), Orocobre Limited (ORL.TO) (ORL), Interfor Co. (IFP.TO) (IFP), Osisko Mining Inc. (OSK.TO) (OSK), North American Palladium (PDL), Hochschild Mining plc (HOC.L) (HOC), SilverCrest Metals (SILV), SRC Energy (SRCI), K92 Mining Inc. (KNT.V) (KNT), Maverix Metals Inc. (MMX.TO) (MMX), Novo Resources Corp. (NVO.V) (NVO) and Eurasia Mining (EUA).
View all competitors.

What other stocks do shareholders of Major Drilling Group International Inc. (MDI.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Major Drilling Group International Inc. (MDI.TO) investors own include Cardinal Energy Ltd. (CJ.TO) (CJ), Invesco (IVZ), BCE (BCE), Check Point Software Technologies (CHKP), Dundee Energy Limited (DEN.TO) (DEN), Superior Drilling Products (SDPI), Enbridge Inc. (ENB.TO) (ENB), AltaGas Ltd. (ALA.TO) (ALA), Alimentation Couche-Tard (ATD.B) and Chorus Aviation Inc. (CHR.TO) (CHR).

Who are Major Drilling Group International Inc. (MDI.TO)'s key executives?

Major Drilling Group International Inc. (MDI.TO)'s management team includes the following people:
  • Mr. Denis Larocque, Pres, CEO & Non-Independent Director (Age 50, Pay $472.68k)
  • Mr. Ian Ross, Chief Financial Officer
  • Mr. Ben Graham, VP of HR & Safety
  • Mr. Kelly Johnson, Sr. VP of Operations for North America & Africa
  • Mr. Marc Landry, VP Technology & Logistics
  • Mr. Andrew McLaughlin, VP of Legal Affairs, Gen. Counsel & Sec.
  • Mr. David D. Balser, Sr. Advisor
  • Mr. Ashley Martin, VP of Operations- South America

What is Major Drilling Group International Inc. (MDI.TO)'s stock symbol?

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

How do I buy shares of Major Drilling Group International Inc. (MDI.TO)?

Shares of MDI and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Major Drilling Group International Inc. (MDI.TO)'s stock price today?

One share of MDI stock can currently be purchased for approximately C$6.06.

How big of a company is Major Drilling Group International Inc. (MDI.TO)?

Major Drilling Group International Inc. (MDI.TO) has a market capitalization of C$488.68 million and generates C$381.10 million in revenue each year. Major Drilling Group International Inc. (MDI.TO) employs 2,500 workers across the globe.

What is Major Drilling Group International Inc. (MDI.TO)'s official website?

The official website for Major Drilling Group International Inc. (MDI.TO) is www.majordrilling.com.

How can I contact Major Drilling Group International Inc. (MDI.TO)?

Major Drilling Group International Inc. (MDI.TO)'s mailing address is 111 St George St Suite 100, MONCTON, NB E1C 1T7, Canada. The company can be reached via phone at +1-506-8578636.

This page was last updated on 11/29/2020 by MarketBeat.com Staff
Receive Analysts' Upgrades and Downgrades Daily

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.