About Major Drilling Group Int'l (TSE:MDI)
Major Drilling Group International Inc. is a drilling services company. The Company is engaged in the business of contract drilling for companies primarily involved in mining and mineral exploration. The Company operates through three geographical segments, which include Canada - U.S., South and Central America, and Asia and Africa. The Company also has its operations in Mexico and Europe. The Company provides a range 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 and a range of drilling-related mine services. The Company categorizes its mineral drilling services into three types: specialized drilling, conventional drilling and underground drilling.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Industrial Metals & Minerals
- Sub-Industry: N/A
- Symbol: TSE:MDI
- CUSIP: N/A
- Web: www.majordrilling.com/
Capitalization:- Market Cap: C$570.93 million
- Outstanding Shares: 80,299,000
Average Prices:- 50 Day Moving Avg: C$7.23
- 200 Day Moving Avg: C$7.78
- 52 Week Range: C$5.95 - C$8.69
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: -10.15
Sales & Book Value:- Annual Revenue: C$315.45 million
- Price / Sales: 1.81
- Book Value: C$4.72 per share
- Price / Book: 1.51
Profitability:- EBITDA: C$11.62 million
- Net Margins: -8.21%
- Return on Equity: -7.01%
- Return on Assets: -5.70%
Misc:- Average Volume: 115,497 shs.
- Short Ratio: 8.13
Frequently Asked Questions for Major Drilling Group Int'l (TSE:MDI)
What is Major Drilling Group Int'l's stock symbol?
Major Drilling Group Int'l trades on the Tornton Stock Exchange (TSX) under the ticker symbol "MDI."
How were Major Drilling Group Int'l's earnings last quarter?
Major Drilling Group Int'l Inc. (TSE:MDI) issued its quarterly earnings results on Thursday, June, 8th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.12) by $0.02. The firm had revenue of $81.47 million for the quarter, compared to analyst estimates of $94.30 million. Major Drilling Group Int'l had a negative return on equity of 7.01% and a negative net margin of 8.21%. View Major Drilling Group Int'l's Earnings History.
When will Major Drilling Group Int'l make its next earnings announcement?
Where is Major Drilling Group Int'l's stock going? Where will Major Drilling Group Int'l's stock price be in 2017?
5 analysts have issued 1 year price objectives for Major Drilling Group Int'l's shares. Their forecasts range from C$7.00 to C$9.75. On average, they anticipate Major Drilling Group Int'l's share price to reach C$8.44 in the next twelve months. View Analyst Ratings for Major Drilling Group Int'l.
Who are some of Major Drilling Group Int'l's key competitors?
Some companies that are related to Major Drilling Group Int'l include Semafo (SMF), Arizona Mining (AZ), Sandstorm Gold Ltd (SSL), Sandstorm Gold Ltd (SSL), Lucara Diamond Corp (LUC), Valener (VNR), Avigilon Corp (AVO), Klondex Mines Ltd (KDX), Lithium Americas Corp (LAC), Canacol Energy Ltd (CNE), AutoCanada (ACQ), Taseko Mines Ltd (TKO), Continental Gold (CNL), Capstone Mining Corp (CS), Altius Minerals (ALS), Tembec (TMB), Uranium Participation Corp (U) and Sherritt International Corp (S).
Who are Major Drilling Group Int'l's key executives?
Major Drilling Group Int'l's management team includes the folowing people:
- David B. Tennant, Independent Chairman of the Board
- Denis Joseph Larocque, President and Chief Executive Officer, Non-Independent Director
- David D. Balser, Chief Financial Officer
- Kelly Johnson, Vice President - Latin American and West African Operations
- Larry Pisto, Vice President - North American Operations
- Benjamin Luke Graham, Vice President, Human Resources and Safety
- Marc Landry, Vice President - IT and Logistics
- Andrew McLaughlin, General Counsel, Secretary
- Edward J. Breiner, Independent Director
- Jean Desrosiers, Independent Director
How do I buy Major Drilling Group Int'l stock?
Shares of Major Drilling Group Int'l 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 Int'l's stock price today?
One share of Major Drilling Group Int'l stock can currently be purchased for approximately C$7.11.
MarketBeat Community Rating for Major Drilling Group Int'l (TSE MDI)MarketBeat's community ratings are surveys of what our community members think about Major Drilling Group Int'l and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Major Drilling Group Int'l (TSE:MDI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 3 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.40) |
| Consensus Price Target: | C$8.44 |
Consensus Price Target History for Major Drilling Group Int'l (TSE:MDI)
Analysts' Ratings History for Major Drilling Group Int'l (TSE:MDI)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 9/20/2017 | Eight Capital | Upgrade | Neutral -> Buy | |  |
| 9/7/2017 | Beacon Securities | Downgrade | Buy -> Hold | | |
| 9/8/2017 | TD Securities | Downgrade | Buy -> Hold | C$9.50 -> C$9.00 | |
| 6/7/2017 | Paradigm Capital | Upgrade | Hold -> Buy | C$8.50 -> C$9.75 | |
| 6/6/2017 | Royal Bank Of Canada | Reiterated Rating | Sector Perform | C$7.00 -> C$8.00 | |
| 3/6/2017 | Mackie | Boost Price Target | | C$6.00 -> C$7.00 | |
(Data available from 10/19/2015 forward)
Earnings History for Major Drilling Group Int'l (TSE:MDI)Earnings History by Quarter for Major Drilling Group Int'l (TSE MDI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 12/6/2017 | | | | | | | | |
| 6/8/2017 | | C($0.12) | C($0.10) | C$94.30 million | C$81.47 million | View | N/A | |
| 6/5/2014 | | C$0.02 | C($0.07) | C$95.10 million | C$82.64 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Major Drilling Group Int'l (TSE:MDI)2018 EPS Consensus Estimate: ($0.38)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2018 | 1 | ($0.05) | ($0.05) | ($0.05) |
| Q2 2018 | 1 | ($0.08) | ($0.08) | ($0.08) |
| Q3 2018 | 1 | ($0.16) | ($0.16) | ($0.16) |
| Q4 2018 | 1 | ($0.09) | ($0.09) | ($0.09) |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Major Drilling Group Int'l (TSE MDI)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/2/2015 | | $0.02 | 0.28% | 4/2/2015 | 4/7/2015 | 5/1/2015 |
| 10/3/2014 | | $0.10 | 1.51% | 10/3/2014 | 11/3/2014 | 11/3/2014 |
| 3/3/2014 | quarterly | $0.10 | 1.18% | 4/3/2014 | 4/7/2014 | 5/1/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Major Drilling Group Int'l (TSE:MDI)Insider Trades by Quarter for Major Drilling Group Int'l (TSE:MDI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/18/2017 | Denis Joseph Larocque | Insider | Buy | 1,500 | C$6.57 | C$9,855.00 | |
| 9/12/2017 | David Buchanan Tennant | Director | Buy | 500 | C$7.02 | C$3,510.00 | |
| 9/12/2017 | Denis Joseph Larocque | Insider | Buy | 1,400 | C$7.01 | C$9,814.00 | |
| 9/11/2017 | David Balser | Insider | Buy | 1,375 | C$6.98 | C$9,597.50 | |
| 9/11/2017 | David Buchanan Tennant | Director | Buy | 3,300 | C$6.92 | C$22,836.00 | |
| 9/8/2017 | David Buchanan Tennant | Director | Buy | 4,400 | C$7.06 | C$31,064.00 | |
| 6/13/2017 | David Buchanan Tennant | Director | Buy | 300 | C$8.45 | C$2,535.00 | |
| 3/31/2017 | David Buchanan Tennant | Director | Buy | 1,200 | C$7.11 | C$8,532.00 | |
| 3/30/2017 | David Buchanan Tennant | Director | Buy | 2,000 | C$7.20 | C$14,400.00 | |
| 3/29/2017 | David Buchanan Tennant | Director | Buy | 1,800 | C$7.27 | C$13,086.00 | |
| 3/23/2017 | David Buchanan Tennant | Director | Buy | 600 | C$7.25 | C$4,350.00 | |
| 3/14/2017 | David Buchanan Tennant | Director | Buy | 1,500 | C$7.17 | C$10,755.00 | |
| 3/13/2017 | David Buchanan Tennant | Director | Buy | 2,000 | C$7.15 | C$14,300.00 | |
| 3/10/2017 | David Buchanan Tennant | Director | Buy | 700 | C$7.09 | C$4,963.00 | |
| 3/9/2017 | David Buchanan Tennant | Director | Buy | 2,000 | C$7.41 | C$14,820.00 | |
| 3/8/2017 | David Buchanan Tennant | Director | Buy | 3,500 | C$7.54 | C$26,390.00 | |
| 1/15/2016 | David Buchanan Tennant | Director | Buy | 2,900 | C$3.75 | C$10,875.00 | |
| 1/13/2016 | Benjamin Luke Graham | Insider | Buy | 400 | C$2.87 | C$1,148.32 | |
| 12/22/2015 | David Buchanan Tennant | Director | Buy | 10,000 | C$3.96 | C$39,600.00 | |
| 12/22/2015 | Denis Joseph Larocque | Insider | Buy | 100 | C$4.36 | C$436.00 | |
| 12/21/2015 | David Buchanan Tennant | Director | Buy | 1,700 | C$4.38 | C$7,446.00 | |
| 12/18/2015 | David Buchanan Tennant | Director | Buy | 100 | C$4.28 | C$428.00 | |
| 12/17/2015 | James Mclaughlin | Insider | Buy | 1,206 | C$4.35 | C$5,246.10 | |
| 12/11/2015 | David Buchanan Tennant | Director | Buy | 2,300 | C$4.72 | C$10,856.00 | |
| 12/8/2015 | Jean Claude Desrosiers | Director | Buy | 15,000 | C$4.52 | C$67,800.00 | |
| 12/8/2015 | Marc Landry | Insider | Buy | 2,000 | C$4.52 | C$9,040.00 | |
| 10/9/2015 | Jo Mark Zurel | Director | Sell | 4,300 | C$5.24 | C$22,532.00 | |
| 10/7/2015 | Patrick Kelly Johnson | Insider | Buy | 10,000 | C$5.00 | C$50,000.00 | |
| 9/16/2015 | Denis Leo Despres | Insider | Buy | 3,700 | C$4.36 | C$16,132.00 | |
| 7/14/2015 | David Fennell | Director | Buy | 2,000 | C$5.97 | C$11,940.00 | |
| 7/13/2015 | James Alexander Gibson | Insider | Buy | 2,100 | C$5.70 | C$11,970.00 | |
| 7/10/2015 | David Buchanan Tennant | Director | Buy | 1,900 | C$5.70 | C$10,830.00 | |
| 6/25/2015 | Denis Joseph Larocque | Insider | Buy | 1,400 | C$6.50 | C$9,100.00 | |
| 6/19/2015 | David Buchanan Tennant | Director | Buy | 4,300 | C$6.39 | C$27,477.00 | |
| 12/12/2014 | David Buchanan Tennant | Director | Buy | 2,200 | C$5.29 | C$11,638.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Major Drilling Group Int'l (TSE:MDI)
Latest Headlines for Major Drilling Group Int'l (TSE:MDI)
| Source: |
|
| Date | Headline |
|---|
 | ETFs with exposure to Major Drilling Group International, Inc. : October 12, 2017
finance.yahoo.com - October 13 at 6:44 AM |
 | Major Drilling Group Int'l Inc. (MDI) Upgraded by Eight Capital to "Buy"
www.americanbankingnews.com - September 20 at 3:16 PM |
| ETFs with exposure to Major Drilling Group International, Inc. : September 13, 2017
finance.yahoo.com - September 14 at 7:36 AM |
| Major Drilling Group Int'l Inc. (MDI) Director Purchases C$31,064.00 in Stock
www.americanbankingnews.com - September 11 at 1:40 PM |
| Insider Buying: Major Drilling Group Int'l Inc. (MDI) Director Purchases 3,300 Shares of Stock
www.americanbankingnews.com - September 11 at 1:40 PM |
| Major Drilling Group Int'l Inc. Forecasted to Earn Q2 2018 Earnings of ($0.08) Per Share (MDI)
www.americanbankingnews.com - September 11 at 5:28 AM |
| Major Drilling Group International, Inc. :MDI-CA: Earnings Analysis: Q1, 2018 By the Numbers : September 9, 2017
finance.yahoo.com - September 9 at 8:10 PM |
| Beacon Securities Downgrades Major Drilling Group Int'l Inc. (MDI) to Hold
www.americanbankingnews.com - September 9 at 9:26 AM |
| Major Drilling Group Int'l Inc. (MDI) Downgraded by TD Securities
www.americanbankingnews.com - September 8 at 3:08 PM |
| Edited Transcript of MDI.TO earnings conference call or presentation 7-Sep-17 1:00pm GMT
finance.yahoo.com - September 8 at 3:30 AM |
| Major Drilling Group Int'l Inc. (MDI) to Release Earnings on Wednesday
www.americanbankingnews.com - August 30 at 1:58 AM |
| Major Drilling to Release First Quarter Results for Fiscal 2018
finance.yahoo.com - August 24 at 9:05 AM |
| Major Drilling Group Int'l Inc. (MDI) to Post Q1 2018 Earnings of ($0.05) Per Share, Beacon Securities Forecasts
www.americanbankingnews.com - August 17 at 12:02 PM |
| Major Drilling Group International, Inc. breached its 50 day moving average in a Bearish Manner : MDI-CA : August 14, 2017
finance.yahoo.com - August 15 at 1:24 AM |
| Major Drilling Group International, Inc. breached its 50 day moving average in a Bearish Manner : MDI-CA : August 3, 2017
finance.yahoo.com - August 4 at 1:31 AM |
| Major Drilling Group International, Inc. :MDI-CA: Earnings Analysis: Q4, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 4:49 AM |
| Major Drilling Group International, Inc. breached its 50 day moving average in a Bearish Manner : MDI-CA : July 21, 2017
finance.yahoo.com - July 22 at 6:26 AM |
 | Is Major Drilling Group Int’l Inc. the Next Commodity Stock to Surge?
www.fool.ca - June 13 at 6:37 PM |
| Q3 2017 Major Drilling Group International Inc Earnings Release - After Market Close
biz.yahoo.com - March 2 at 9:37 AM |
 | Profile: Major Drilling Group International Inc (MDI.TO)
www.reuters.com - February 11 at 5:23 AM |
| Q2 2017 Major Drilling Group International Inc Earnings Release - After Market Close
biz.yahoo.com - December 7 at 9:58 AM |
 | Major Drilling Reports First Quarter Results for Fiscal 2017
www.marketwatch.com - September 6 at 6:07 PM |
| Q1 2017 Major Drilling Group International Inc Earnings Release - After Market Close
biz.yahoo.com - September 6 at 10:49 AM |
| This Coast-to-Coast Portfolio Will Fund Your Retirement - The Motley Fool Canada
www.fool.ca - August 26 at 5:53 PM |
| Q4 2016 Major Drilling Group International Inc Earnings Release - After Market Close
biz.yahoo.com - June 7 at 7:07 AM |
| Q3 2016 Major Drilling Group International Inc Earnings Release - After Market Close
biz.yahoo.com - March 2 at 7:07 AM |
Major Drilling Group Int'l (MDI) Chart for Thursday, October, 19, 2017
