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TSE:MDI

Major Drilling Group International - MDI Stock Forecast, Price & News

C$11.22
+0.06 (+0.54%)
(As of 01/30/2023 02:55 PM ET)
Add
Compare
Today's Range
C$10.87
C$11.25
50-Day Range
C$8.30
C$11.58
52-Week Range
C$7.25
C$12.86
Volume
71,885 shs
Average Volume
91,055 shs
Market Capitalization
C$929.76 million
P/E Ratio
13.68
Dividend Yield
N/A
Price Target
C$16.88

Major Drilling Group International MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
50.4% Upside
C$16.88 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
C$100,800 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars


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 based in Moncton, Canada with additional offices in Mexico, South America, Asia, Africa, USA, and Australia.

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MDI Stock News Headlines

The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
"We need batteries. Literally everywhere."
Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."
Stocks in play: Major Drilling Group International Inc.
Major Drilling Group International Inc. (MDI.TO)
Got $3,000? 3 Top TSX Stocks to Buy Amid the Market Rally
See More Headlines
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MDI Company Calendar

Last Earnings
12/08/2022
Today
1/30/2023
Next Earnings (Estimated)
3/02/2023

Industry, Sector and Symbol

Industry
Industrial Metals & Minerals
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
2,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$16.88
High Stock Price Forecast
C$20.50
Low Stock Price Forecast
C$14.50
Forecasted Upside/Downside
+50.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$730.28 million
Cash Flow
C$1.35 per share
Book Value
C$5.06 per share

Miscellaneous

Free Float
N/A
Market Cap
C$929.76 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Denis Larocque (Age 53)
    Pres, CEO & Non-Independent Director
    Comp: $624.1k
  • Mr. Ian Ross
    Chief Financial Officer
  • Mr. Ben Graham
    VP of HR & Safety
  • Mr. Marc Landry
    VP Technology & Logistics
  • Mr. Andrew McLaughlin
    VP of Legal Affairs, Gen. Counsel & Sec.
  • Mr. David D. Balser
    Sr. Advisor
  • Chantal Melanson
    Exec. Assistant













MDI Stock - Frequently Asked Questions

Should I buy or sell Major Drilling Group International stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Major Drilling Group International in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MDI shares.
View MDI analyst ratings
or view top-rated stocks.

What is Major Drilling Group International's stock price forecast for 2023?

2 brokerages have issued twelve-month price targets for Major Drilling Group International's stock. Their MDI share price forecasts range from C$14.50 to C$20.50. On average, they predict the company's share price to reach C$16.88 in the next twelve months. This suggests a possible upside of 51.2% from the stock's current price.
View analysts price targets for MDI
or view top-rated stocks among Wall Street analysts.

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 shares have increased by 6.1% and is now trading at C$11.16.
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, March 2nd 2023.
View our MDI earnings forecast
.

How were Major Drilling Group International's earnings last quarter?

Major Drilling Group International Inc. (TSE:MDI) released its quarterly earnings data on Thursday, December, 8th. The company reported $0.28 earnings per share (EPS) for the quarter. The company had revenue of $201.72 million for the quarter.

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), Superior Drilling Products (SDPI), 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$11.16.

How much money does Major Drilling Group International make?

Major Drilling Group International (TSE:MDI) has a market capitalization of C$924.78 million and generates C$730.28 million in revenue each year.

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 1/30/2023 by MarketBeat.com Staff