Major Drilling Group International Inc. primarily provides contract drilling services for mining and mineral exploration companies. It 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 June 7, 2018, the company had a fleet of approximately 628 drilling rigs. It primarily has operations in Canada, the United States, Mexico, South America, Asia, Africa, and Europe. The company was founded in 1980 and is headquartered in Moncton, Canada.
Industry, Sector and Symbol
Stock Exchange TSE
Industry Industrial Metals & Minerals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:MDI
Previous Symbol
CUSIPN/A
Phone+1-506-8578636
Debt
Debt-to-Equity Ratio5.00
Current Ratio3.22
Quick Ratio1.75
Price-To-Earnings
Trailing P/E Ratio-19.56
Forward P/E Ratio20.00
P/E GrowthN/A
Sales & Book Value
Annual SalesC$356.86 million
Price / Sales0.99
Cash FlowC$0.25 per share
Price / Cash17.60
Book ValueC$4.64 per share
Price / Book0.95
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A
Miscellaneous
Employees2,641
Outstanding Shares80,300,000
Market CapC$0.00
OptionableNot Optionable
Major Drilling Group Int'l (TSE:MDI) Frequently Asked Questions
What is Major Drilling Group Int'l's stock symbol?
Major Drilling Group Int'l trades on the Toronto 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) announced its earnings results on Tuesday, September, 4th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.01. The company earned $98.49 million during the quarter, compared to analysts' expectations of $100.30 million. View Major Drilling Group Int'l's Earnings History.
When is Major Drilling Group Int'l's next earnings date?
What price target have analysts set for MDI?
3 equities research analysts have issued 1 year target prices for Major Drilling Group Int'l's stock. Their forecasts range from C$6.00 to C$6.50. On average, they expect Major Drilling Group Int'l's share price to reach C$6.25 in the next year. This suggests a possible upside of 42.0% from the stock's current price. View Analyst Price Targets for Major Drilling Group Int'l.
What is the consensus analysts' recommendation for Major Drilling Group Int'l?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Major Drilling Group Int'l in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Major Drilling Group Int'l.
Has Major Drilling Group Int'l been receiving favorable news coverage?
Press coverage about MDI stock has trended somewhat negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Major Drilling Group Int'l earned a news impact score of -1.5 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are some of Major Drilling Group Int'l's key competitors?
Some companies that are related to Major Drilling Group Int'l include 0694758 BC (GRG), 3D Resources (DDD), 5N Plus (VNP), 92 Resources (NTY), Abacus Mining and Exploration (AME), Abitibi Royalties (RZZ), Acacia Coal (AJC), A-Cap Resources (ACB), Accent Resources (ACS), ActivEX (AIV), Adamera Minerals (ADZ), Advantage Lithium (AAL), Adventus Zinc (ADZN), AEX Gold (AEX) and Afarak Group (AFRK).
Who are Major Drilling Group Int'l's key executives?
Major Drilling Group Int'l's management team includes the folowing people:
- Mr. Denis Larocque, Pres, CEO & Non-Independent Director (Age 48)
- Mr. David D. Balser, Chief Financial Officer
- Mr. Kelly Johnson, Sr. VP of Operations for North America & Africa
- Mr. John Ross Davies, VP of Operations - Asia
- Mr. Andrew McLaughlin, Gen. Counsel & Corp. Sec.
How do I buy shares of Major Drilling Group Int'l?
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 Int'l's stock price today?
One share of MDI stock can currently be purchased for approximately C$4.40.
What is Major Drilling Group Int'l's official website?
How can I contact Major Drilling Group Int'l?
Major Drilling Group Int'l'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.
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 MDI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MDI will underperform the S&P 500 over the long term. You may vote once every thirty days.
