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. Since then, MDI shares have increased by 15.5% and is now trading at C$4.25. View which stocks have been most impacted by Coronavirus.

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 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 earnings results on Thursday, June, 4th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of $0.07 by $0.11. The firm earned $88.78 million during the quarter, compared to analysts' expectations of $114 million. View Major Drilling Group Int'l's earnings history.

3 brokers have issued 1-year target prices for Major Drilling Group Int'l's shares. Their forecasts range from C$6.00 to C$6.00. On average, they expect Major Drilling Group Int'l's share price to reach C$6.00 in the next twelve months. This suggests a possible upside of 41.2% from the stock's current price. View analysts' price targets for Major Drilling Group Int'l.

Headlines about MDI stock have been trending negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. 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 daily sentiment score of -2.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the near future. View the latest news about Major Drilling Group Int'l.

Some companies that are related to Major Drilling Group Int'l include Silvercrest Metals (SIL), Osisko Mining (OSK), Lynas (LYC), Champion Iron (CIA), North American Palladium (PDL), SilverCrest Metals (SILV), Cape Lambert Resources (CFE), Nexa Resources (NEXA), Hochschild Mining (HOC), SRC Energy (SRCI), Northern Dynasty Minerals (NDM), Champion Iron (CIA), K92 Mining (KNT), Wallbridge Mining (WM) 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$4.25.

Major Drilling Group Int'l has a market capitalization of C$342.69 million and generates C$409.14 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.