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TSE:MDI

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

C$8.25
-0.07 (-0.84%)
(As of 12:24 PM ET)
Compare
Today's Range
C$8.19
▼
C$8.40
50-Day Range
C$7.99
▼
C$9.51
52-Week Range
C$7.25
▼
C$11.75
Volume
39,509 shs
Average Volume
120,988 shs
Market Capitalization
C$684.50 million
P/E Ratio
9.59
Dividend Yield
N/A
Price Target
N/A
ProfileChartCompetitorsEarningsInsider TradesHeadlinesSocial Media

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 headquartered in Moncton, Canada with additional offices in the United States, Mexico, South America, Asia, Africa, and Australia.

MDI Price History

MDI Stock News Headlines

September 5, 2023 | finance.yahoo.com
Major Drilling Reports First Quarter Results, Robust Cash Position Drives Share Repurchases and Long-Term Debt Reduction to Zero
July 19, 2023 | finance.yahoo.com
Major Drilling Group International's (TSE:MDI) investors will be pleased with their favorable 66% return over the last three years
September 26, 2023 | Micro-Cap Stock Trader (Ad)
Unlock the treasure on Mount Olympus with this little-known mining stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
June 14, 2023 | finanznachrichten.de
Major Drilling Group International Inc.: Major Drilling Announces Fourth Quarter and Fiscal Year 2023 Results, Annual Net Earnings up 40%
June 9, 2023 | theglobeandmail.com
Fed Minutes on Next Week’s Calendar
May 30, 2023 | finance.yahoo.com
3MJ.F - Major Drilling Group International Inc.
May 30, 2023 | finance.yahoo.com
Major Drilling to Release Fourth Quarter and Fiscal 2023 Results
May 8, 2023 | theglobeandmail.com
Closing Bell: Major Drilling Grp down on Monday (MDI)
September 26, 2023 | Micro-Cap Stock Trader (Ad)
Unlock the treasure on Mount Olympus with this little-known mining stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
May 5, 2023 | theglobeandmail.com
Closing Bell: Major Drilling Grp up on Friday (MDI)
April 28, 2023 | theglobeandmail.com
Closing Bell: Major Drilling Grp flat on Thursday (MDI)
April 19, 2023 | theglobeandmail.com
Closing Bell: Major Drilling Grp down on Wednesday (MDI)
April 19, 2023 | theglobeandmail.com
Closing Bell: Major Drilling Grp up on Tuesday (MDI)
April 14, 2023 | theglobeandmail.com
Closing Bell: Major Drilling Grp down on Thursday (MDI)
April 11, 2023 | finance.yahoo.com
Institutions own 40% of Major Drilling Group International Inc. (TSE:MDI) shares but retail investors control 49% of the company
March 29, 2023 | finance.yahoo.com
Major Drilling Announces Appointment of Director
March 2, 2023 | finance.yahoo.com
Major Drilling Reports Third Quarter Profit, Net Earnings Seasonally Strong as Commodity Mix Shifts to Meet Growing Energy Transition Demands
March 2, 2023 | finance.yahoo.com
Major Drilling Reports Third Quarter Profit, Net Earnings Seasonally Strong as Commodity Mix Shifts to Meet Growing Energy Transition Demands
February 16, 2023 | finance.yahoo.com
Major Drilling to Release Third Quarter Results for Fiscal 2023
December 27, 2022 | msn.com
1 High-Growth Mining Stock Too Cheap to Ignore
December 8, 2022 | finance.yahoo.com
Major Drilling Reports Strong Second Quarter, Net Earnings up 65% as Industry Upcycle Continues
December 8, 2022 | finance.yahoo.com
Major Drilling Reports Strong Second Quarter, Net Earnings up 65% as Industry Upcycle Continues
November 25, 2022 | finance.yahoo.com
Major Drilling to Release Second Quarter Results for Fiscal 2023
October 12, 2022 | finance.yahoo.com
Why We Like The Returns At Major Drilling Group International (TSE:MDI)
August 10, 2022 | msn.com
Master Drilling forecasts robust interim earnings growth
July 22, 2022 | finance.yahoo.com
Trade Alert: The Senior Vice President of Operations North America & Africa Of Major Drilling Group International Inc. (TSE:MDI), Kelly Johnson, Has Just Spent CA$79k Buying 63% More Shares
July 15, 2022 | finance.yahoo.com
Major Drilling Group International Inc. (TSE:MDI) Shares Slammed 28% But Getting In Cheap Might Be Difficult Regardless
See More Headlines
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MDI Company Calendar

Last Earnings
9/05/2023
Today
9/26/2023
Next Earnings (Estimated)
12/14/2023
Get Stock Alerts

Industry, Sector and Symbol

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

Profitability

EPS (Most Recent Fiscal Year)
C$0.86
Trailing P/E Ratio
9.67
Forward P/E Ratio
9.61
P/E Growth
3.45
Net Income
C$72.45 million
Net Margins
9.86%
Pretax Margin
N/A
Return on Equity
17.14%
Return on Assets
10.53%

Debt

Debt-to-Equity Ratio
1.25
Current Ratio
3.33
Quick Ratio
1.92

Sales & Book Value

Annual Sales
C$734.79 million
Price / Sales
0.94
Cash Flow
C$1.00 per share
Price / Cash Flow
8.33
Book Value
C$5.61 per share
Price / Book
1.48

Miscellaneous

Outstanding Shares
82,970,000
Free Float
N/A
Market Cap
C$690.31 million
Optionable
Not Optionable
Beta
1.49
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Key Executives

  • Mr. Denis Larocque (Age 53)
    Pres, CEO & Non-Independent Director
    Comp: $1.32M
  • Mr. Ian Ross
    Chief Financial Officer
  • Mr. Ben Graham
    VP of HR & Safety
  • Mr. Marc Landry C.M.A.
    CPA, VP Technology & Logistics
  • Mr. Andrew McLaughlin
    VP of Legal Affairs, Gen. Counsel & Sec.
  • Chantal Melanson
    Exec. Assistant

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













MDI Stock - Frequently Asked Questions

How have MDI shares performed in 2023?

Major Drilling Group International's stock was trading at C$10.52 on January 1st, 2023. Since then, MDI stock has decreased by 20.9% and is now trading at C$8.32.
View the best growth stocks for 2023 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 14th 2023.
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 Tuesday, September, 5th. The company reported $0.26 EPS for the quarter. The company had revenue of $198.88 million for the quarter. Major Drilling Group International had a trailing twelve-month return on equity of 17.14% and a net margin of 9.86%.

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), 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$8.32.

How much money does Major Drilling Group International make?

Major Drilling Group International (TSE:MDI) has a market capitalization of C$690.31 million and generates C$734.79 million in revenue each year. The company earns C$72.45 million in net income (profit) each year or C$0.86 on an earnings per share basis.

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 9/26/2023 by MarketBeat.com Staff

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