TSE:MDIMajor Drilling Group Int'l Stock Price, Forecast & News

Major Drilling Group Int'l's stock was trading at C$3.68 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MDI stock has decreased by 3.8% and is now trading at C$3.54. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Major Drilling Group Int'l in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Major Drilling Group Int'l.

Major Drilling Group Int'l is scheduled to release its next quarterly earnings announcement on Monday, September 14th 2020. View our earnings forecast for Major Drilling Group Int'l.

Major Drilling Group Int'l Inc. (TSE:MDI) issued its quarterly earnings results on Thursday, June, 8th. The company reported ($0.10) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.02. The business had revenue of $81.47 million for the quarter, compared to analyst estimates of $94.30 million. View Major Drilling Group Int'l's earnings history.

2 analysts have issued 12-month price objectives for Major Drilling Group Int'l's shares. Their forecasts range from C$6.00 to C$6.00. On average, they anticipate Major Drilling Group Int'l's share price to reach C$6.00 in the next twelve months. This suggests a possible upside of 69.5% from the stock's current price. View analysts' price targets for Major Drilling Group Int'l.

Media coverage about MDI stock has trended extremely negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Major Drilling Group Int'l earned a news sentiment score of -5.0 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutMajor Drilling Group Int'l.

Some companies that are related to Major Drilling Group Int'l include SilverCrest Metals (SILV), Cape Lambert Resources (CFE), Osisko Mining (OSK), Champion Iron (CIA), SRC Energy (SRCI), Hochschild Mining (HOC), Champion Iron (CIA), Wallbridge Mining (WM), Maverix Metals (MMX), K92 Mining (KNT), Kidman Resources (KDR), Leagold Mining (LMC), Northern Dynasty Minerals (NDM), Mount Gibson Iron (MGX) and Interfor (IFP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Major Drilling Group Int'l investors own include Cardinal Energy (CJ), Invesco (IVZ), BCE (BCE), Check Point Software Technologies (CHKP), Dundee Energy (DEN), Superior Drilling Products (SDPI), Enbridge (ENB), Hudbay Minerals (HBM), Hecla Mining (HL) and Air Canada (AC).

Major Drilling Group Int'l trades on the Toronto Stock Exchange (TSX) under the ticker symbol "MDI."

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.

One share of MDI stock can currently be purchased for approximately C$3.54.

Major Drilling Group Int'l has a market capitalization of C$285.44 million and generates C$420.76 million in revenue each year. Major Drilling Group Int'l employs 2,641 workers across the globe.

The official website for Major Drilling Group Int'l is www.majordrilling.com.

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.