MDI Stock Overview
Provides contract drilling services to mining and mineral exploration companies in the United States, Canada, South and Central America, Australasia, and Africa. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Major Drilling Group International Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$8.25 |
| 52 Week High | CA$10.39 |
| 52 Week Low | CA$6.98 |
| Beta | 1.59 |
| 1 Month Change | -5.17% |
| 3 Month Change | 0.98% |
| 1 Year Change | -10.91% |
| 3 Year Change | 1.73% |
| 5 Year Change | 47.59% |
| Change since IPO | 280.77% |
Recent News & Updates
Recent updates
Major Drilling Group International Inc. (TSE:MDI) Shares Fly 25% But Investors Aren't Buying For Growth
Dec 20
If EPS Growth Is Important To You, Major Drilling Group International (TSE:MDI) Presents An Opportunity
May 30Returns On Capital Are A Standout For Major Drilling Group International (TSE:MDI)
Apr 04Major Drilling Group International Inc. (TSE:MDI) Shares Could Be 42% Below Their Intrinsic Value Estimate
Mar 03Why We Like The Returns At Major Drilling Group International (TSE:MDI)
Dec 04These 4 Measures Indicate That Major Drilling Group International (TSE:MDI) Is Using Debt Safely
Oct 13With A 28% Price Drop For Major Drilling Group International Inc. (TSE:MDI) You'll Still Get What You Pay For
Jul 15Is Now The Time To Put Major Drilling Group International (TSE:MDI) On Your Watchlist?
Jun 23Major Drilling Group International's (TSE:MDI) Returns On Capital Are Heading Higher
Jun 09Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?
Apr 19Returns At Major Drilling Group International (TSE:MDI) Are On The Way Up
Mar 04Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?
Dec 04Major Drilling Group International (TSE:MDI) Might Have The Makings Of A Multi-Bagger
Sep 03We Think Major Drilling Group International (TSE:MDI) Can Stay On Top Of Its Debt
Mar 16Will the Promising Trends At Major Drilling Group International (TSE:MDI) Continue?
Feb 23The Major Drilling Group International (TSE:MDI) Share Price Is Up 41% And Shareholders Are Holding On
Feb 03
Major Drilling Group International Inc. (TSE:MDI) On The Verge Of Breaking Even
Jan 13Shareholder Returns
| MDI | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | -4.5% | -7.4% | -3.7% |
| 1Y | -10.9% | 15.7% | 15.0% |
Return vs Industry: MDI underperformed the Canadian Metals and Mining industry which returned 15.7% over the past year.
Return vs Market: MDI underperformed the Canadian Market which returned 15% over the past year.
Price Volatility
| MDI volatility | |
|---|---|
| MDI Average Weekly Movement | 4.4% |
| Metals and Mining Industry Average Movement | 10.1% |
| Market Average Movement | 8.2% |
| 10% most volatile stocks in CA Market | 17.6% |
| 10% least volatile stocks in CA Market | 2.9% |
Stable Share Price: MDI has not had significant price volatility in the past 3 months compared to the Canadian market.
Volatility Over Time: MDI's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | n/a | Denis Larocque | 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. It offers various drilling services, including surface and underground coring, directional, reverse circulation, 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. The company was founded in 1980 and is headquartered in Moncton, Canada.
Major Drilling Group International Inc. Fundamentals Summary
| MDI fundamental statistics | |
|---|---|
| Market cap | CA$676.02m |
| Earnings (TTM) | CA$41.65m |
| Revenue (TTM) | CA$680.16m |
16.2x
P/E Ratio1.0x
P/S RatioIs MDI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MDI income statement (TTM) | |
|---|---|
| Revenue | CA$680.16m |
| Cost of Revenue | CA$542.55m |
| Gross Profit | CA$137.61m |
| Other Expenses | CA$95.96m |
| Earnings | CA$41.65m |
Last Reported Earnings
Oct 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.51 |
| Gross Margin | 20.23% |
| Net Profit Margin | 6.12% |
| Debt/Equity Ratio | 0% |
How did MDI perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 03:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/04/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Major Drilling Group International Inc. is covered by 15 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Donangelo Volpe | Beacon Securities Limited |
| Ahmad Shaath | Beacon Securities Limited |
| Cosmos Chiu | CIBC Capital Markets |