TSE:MDI Major Drilling Group International (MDI) Stock Price, News & Analysis C$9.25 +0.18 (+1.98%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$9.12▼C$9.2950-Day RangeC$8.64▼C$10.2452-Week RangeC$6.81▼C$10.39Volume40,210 shsAverage Volume132,588 shsMarket CapitalizationC$756.56 millionP/E Ratio12.01Dividend Yield0.43%Price TargetC$14.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider Trades Get Major Drilling Group International alerts: Email Address Major Drilling Group International MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside51.4% UpsideC$14.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring SharesC$189,908 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.84 out of 5 stars 3.5 Analyst's Opinion Consensus RatingMajor Drilling Group International has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageMajor Drilling Group International has received no research coverage in the past 90 days.Read more about Major Drilling Group International's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for MDI. Previous Next 0.8 Dividend Strength Dividend YieldMajor Drilling Group International has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthMajor Drilling Group International does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Major Drilling Group International is 5.19%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Major Drilling Group International's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MDI. Previous Next 1.8 News and Social Media Coverage News SentimentMajor Drilling Group International has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.33 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article for Major Drilling Group International this week, compared to 0 articles on an average week.Search InterestOnly 3 people have searched for MDI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Major Drilling Group International insiders have bought 329.03% more of their company's stock than they have sold. Specifically, they have bought C$189,908.00 in company stock and sold C$44,265.00 in company stock.Percentage Held by InsidersOnly 0.32% of the stock of Major Drilling Group International is held by insiders.Percentage Held by Institutions56.96% of the stock of Major Drilling Group International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Major Drilling Group International's insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Major Drilling Group International is 12.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Major Drilling Group International is 12.01, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 145.17.Price to Earnings Growth RatioMajor Drilling Group International has a PEG Ratio of 3.45. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMajor Drilling Group International has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Major Drilling Group International's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchGet out of cash before the Fed's next meeting"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."Click here now to watch this exclusive interview About Major Drilling Group International Stock (TSE:MDI)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.Read More MDI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MDI Stock News HeadlinesJuly 19, 2024 | finance.yahoo.comReturns At Major Drilling Group International (TSE:MDI) Are On The Way UpMay 9, 2024 | morningstar.comMajor Drilling Group International Inc MDIJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.May 6, 2024 | msn.comFG Acquisition to acquire Strong/MDI Screen SystemsApril 19, 2024 | finance.yahoo.comAre Investors Undervaluing Major Drilling Group International Inc. (TSE:MDI) By 50%?April 4, 2024 | seekingalpha.comMDI:CA Major Drilling Group International Inc.March 26, 2024 | finance.yahoo.comMajor Drilling Group International Inc.'s (TSE:MDI) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?March 1, 2024 | finanznachrichten.deMajor Drilling Group International Inc.: Major Drilling Announces Third Quarter Results, Strong Cash Generation ContinuesJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.February 26, 2024 | finance.yahoo.comMajor Drilling Group International Inc. (TSE:MDI) is favoured by institutional owners who hold 51% of the companyFebruary 15, 2024 | finance.yahoo.comMajor Drilling to Release Third Quarter Results for Fiscal 2024February 6, 2024 | msn.comBear of the Day: Precision Drilling Corp. (PDS)January 24, 2024 | finance.yahoo.comChuck Royce Acquires New Stake in Major Drilling Group International IncJanuary 5, 2024 | investing.comMajor Drilling (MDI) Earnings Dates & ReportsDecember 7, 2023 | markets.businessinsider.comMajor Drilling Achieves Highest Revenue in More Than Ten Years; Strong Cash Generation Drives Share RepurchasesDecember 7, 2023 | finance.yahoo.comMajor Drilling Achieves Highest Revenue in More Than Ten Years; Strong Cash Generation Drives Share RepurchasesSeptember 5, 2023 | finance.yahoo.comMajor Drilling Reports First Quarter Results, Robust Cash Position Drives Share Repurchases and Long-Term Debt Reduction to ZeroJuly 19, 2023 | finance.yahoo.comMajor Drilling Group International's (TSE:MDI) investors will be pleased with their favorable 66% return over the last three yearsSee More Headlines Receive MDI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Major Drilling Group International and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings6/11/2024Today7/27/2024Next Earnings (Estimated)9/03/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Other Industrial Metals & Mining Sub-IndustryN/A Current SymbolTSE:MDI CUSIPN/A CIKN/A Webwww.majordrilling.com Phone+1-506-8578636FaxN/AEmployees2,500Year FoundedN/APrice Target and Rating Average Stock Price TargetC$14.00 High Stock Price TargetC$14.00 Low Stock Price TargetC$14.00 Potential Upside/Downside+51.4%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.77 Trailing P/E Ratio12.01 Forward P/E Ratio11.42 P/E Growth3.45Net IncomeC$63.95 million Net Margins8.84% Pretax MarginN/A Return on Equity14.08% Return on Assets9.50% Debt Debt-to-Equity Ratio1.05 Current Ratio3.75 Quick Ratio1.92 Sales & Book Value Annual SalesC$723.63 million Price / Sales1.05 Cash FlowC$1.11 per share Price / Cash Flow8.33 Book ValueC$6.18 per share Price / Book1.50Miscellaneous Outstanding Shares81,790,000Free FloatN/AMarket CapC$756.56 million OptionableNot Optionable Beta1.65 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Denis Larocque (Age 54)President, CEO & Non-Independent Director Comp: $1.32MMr. Ian RossChief Financial OfficerMr. Ben GrahamVice President of Human Resources & SafetyMr. Marc Landry C.M.A.CPA, Vice President Technology & LogisticsMr. Andrew McLaughlinVP of Legal Affairs, General Counsel & SecretaryChantal MelansonExecutive AssistantBarry ZerbinVice President of Canadian OperationsMr. Kevin Bradley SlemkoVice President of US OperationsMore ExecutivesKey CompetitorsAlphamin ResourcesCVE:AFMAltius MineralsTSE:ALSLithium AmericasTSE:LACSkeena ResourcesTSE:SKEPolyMet MiningTSE:POMView All CompetitorsInsidersGhislain LeblancBought 1,100 shares on 7/12/2024Total: C$9,988.00 ($9.08/share)Benjamin Luke GrahamBought 20,000 shares on 6/21/2024Total: C$175,200.00 ($8.76/share)John Ross DaviesSold 4,968 sharesTotal: C$44,264.88 ($8.91/share)Ashley Sedrick MartinBought 545 shares on 6/13/2024Total: C$4,719.70 ($8.66/share)Kevin Bradley SlemkoSold 1,000 sharesTotal: C$9,200.00 ($9.20/share)View All Insider Transactions MDI Stock Analysis - Frequently Asked Questions How have MDI shares performed this year? Major Drilling Group International's stock was trading at C$9.21 at the beginning of the year. Since then, MDI shares have increased by 0.4% and is now trading at C$9.25. View the best growth stocks for 2024 here. How were Major Drilling Group International's earnings last quarter? Major Drilling Group International Inc. (TSE:MDI) posted its earnings results on Tuesday, June, 11th. The company reported $0.12 earnings per share for the quarter. The firm earned $168.04 million during the quarter. Major Drilling Group International had a trailing twelve-month return on equity of 14.08% and a net margin of 8.84%. 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 other stocks do shareholders of Major Drilling Group International own? Based on aggregate information from My MarketBeat watchlists, some other companies that Major Drilling Group International investors own include Cardinal Energy (CJ), Invesco (IVZ), BCE (BCE), Check Point Software Technologies (CHKP), Dundee Energy (DEN), Enbridge (ENB). This page (TSE:MDI) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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