TSX:MDIMetals and Mining
Major Drilling (TSX:MDI) Revenue Growth Reinforces Bullish Narratives Despite Thin Margins
Major Drilling Group International (TSX:MDI) has posted a solid Q2 2026 print, with revenue of about CA$244.1 million and EPS of roughly CA$0.17 setting the tone for its latest update. The company has seen revenue climb from CA$160.7 million in Q3 2025 to CA$187.5 million in Q4 2025, then to CA$226.6 million in Q1 2026 and now CA$244.1 million. Quarterly EPS has moved from a loss of about CA$0.11 in Q3 2025 to CA$0.01 in Q4 2025, CA$0.12 in Q1 2026 and CA$0.17 this quarter, giving investors a...