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
SymbolTSE:MDI
CUSIPN/A
Phone+1-506-8578636
Debt
Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A
Profitability
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-3.09%
Return on Equity-2.86%
Return on Assets-2.29%
Miscellaneous
EmployeesN/A
Outstanding Shares80,300,000
Market CapC$517.93
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) posted its quarterly earnings results on Thursday, June, 7th. The company reported ($0.05) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.08) by $0.03. The firm earned $95.41 million during the quarter, compared to the consensus estimate of $85.50 million. Major Drilling Group Int'l had a negative net margin of 3.09% and a negative return on equity of 2.86%. 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 analysts have issued 1-year target prices for Major Drilling Group Int'l's stock. Their forecasts range from C$8.00 to C$8.00. On average, they expect Major Drilling Group Int'l's stock price to reach C$8.00 in the next year. This suggests a possible upside of 28.2% from the stock's current price. View Analyst Ratings 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 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
Who are some of Major Drilling Group Int'l's key competitors?
Some companies that are related to Major Drilling Group Int'l include Ivanhoe Mines (IVPAF), Superior Plus (SPB), Pretium Resources (PVG), Interfor (IFP), Orocobre (ORE), Pilbara Minerals (PLS), Lynas (LYC), Orocobre (ORL), Galaxy Resources (GXY), Arizona Mining (AZ), Sirius Minerals (SXX), China Gold International Resrcs (CGG), Semafo (SMF), Hochschild Mining (HOC) and Galaxy Resources (GALXF).
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. Ben Graham, VP of HR & Safety
- Mr. Kelly Johnson, VP of Latin American & African Operations
- Mr. Larry Pisto, VP of North America Operations
Has Major Drilling Group Int'l been receiving favorable news coverage?
News articles about MDI stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Major Drilling Group Int'l earned a news impact score of 0.15 on Accern's scale. They also assigned news stories about the company an impact score of 45.50 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
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$6.24.
How big of a company is Major Drilling Group Int'l?
Major Drilling Group Int'l has a market capitalization of C$517.93 million.
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.
