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Major Drilling Group International Inc. Stock Price

TSX:MDI Community·CA$1.3b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 16 Fair Values set on narratives written by author

MDI Share Price Performance

CA$15.67
7.27 (86.55%)
CA$20.70
Fair Value
CA$15.67
7.27 (86.55%)
24.3% undervalued intrinsic discount
CA$20.70
Fair Value
Price CA$15.67
AnalystConsensusTarget CA$20.70
AnalystLowTarget CA$19.50
AnalystHighTarget CA$22.00

MDI Community Narratives

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Fair Value CA$20.7 24.3% undervalued intrinsic discount

MDI: Share Buyback Plan Will Drive Shareholder Value Over Coming Years

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Fair Value CA$19.5 19.6% undervalued intrinsic discount

Underinvestment And Risks Will Constrain Returns While Opportunities Linger

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·
Fair Value CA$22 28.8% undervalued intrinsic discount

Battery Metal Demand And Infrastructure Buildout Will Drive Specialized Drilling

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CA$20.7
24.3% undervalued intrinsic discount
Revenue
13.09% p.a.
Profit Margin
7.01%
Future PE
24.91x
Price in 2029
CA$25.64

Trending Discussion

Updated Narratives

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MDI: Higher Revenue Visibility And Margins Will Support Future Earnings Confidence

Fair Value: CA$19.5 19.6% undervalued intrinsic discount
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MDI: Zacatecas Drilling Momentum Will Support Future Upside Potential

Fair Value: CA$22 28.8% undervalued intrinsic discount
1 users have set this as their fair value
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MDI: Higher Fair Value Framework Will Support Future Upside Potential

Fair Value: CA$20.7 24.3% undervalued intrinsic discount
8 users have set this as their fair value
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Snowflake Analysis

Flawless balance sheet with reasonable growth potential.

1 Risk
3 Rewards

Major Drilling Group International Inc. Key Details

CA$842.9m

Revenue

CA$712.2m

Cost of Revenue

CA$130.7m

Gross Profit

CA$116.6m

Other Expenses

CA$14.2m

Earnings

Last Reported Earnings
Jan 31, 2026
Next Reporting Earnings
n/a
0.17
15.51%
1.68%
5.0%
View Full Analysis

About MDI

Founded
1980
Employees
n/a
CEO
Denis Larocque
WebsiteView website
www.majordrilling.com

Major Drilling Group International Inc. provides contract drilling services to mining and mineral exploration companies in the United States, Canada, South and Central America, Australasia, and Africa. The company offers various drilling services, including reverse circulation, surface and underground coring, directional, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, and surface drill and blast services, as well as range of mining services. Major Drilling Group International Inc. was founded in 1980 and is headquartered in Moncton, Canada.

Recent MDI News & Updates

MDI: Higher Revenue Visibility And Margins Will Support Future Earnings Confidence

Analysts have lifted the consensus price target for Major Drilling Group International to CA$20 to CA$21 from a prior range of CA$16 to CA$17, citing updated assumptions for slightly higher revenue growth and profit margins, along with a modestly adjusted discount rate and future P/E expectations. Analyst Commentary Recent price target revisions to CA$20 and CA$21 reflect updated views on Major Drilling Group International that factor in refreshed assumptions on revenue, margins, and valuation multiples.

MDI: Zacatecas Drilling Momentum Will Support Future Upside Potential

Analysts have raised the fair value estimate for Major Drilling Group International to CA$22.00 from CA$20.00, reflecting updated views on growth, margins, and future P/E that are in line with recent Street price target revisions to a range of CA$20.00 to CA$21.00. Analyst Commentary Bullish analysts have recently raised their price targets for Major Drilling Group International into a CA$20.00 to CA$21.00 range.

MDI: Higher Fair Value Framework Will Support Future Upside Potential

Analysts have lifted the fair value estimate for Major Drilling Group International from CA$16.20 to CA$20.70, reflecting higher Street price targets in the CA$20 to CA$21 range and updated views on its growth, profitability, and future P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts are aligning their CA$20 to CA$21 targets with the updated fair value estimate, which signals confidence that the current valuation assumptions on P/E and profitability are reasonable.

Recent updates

No updates