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MDI

Major Drilling Group International TSX:MDI Stock Report

Last Price

CA$8.72

Market Cap

CA$722.4m

7D

-3.8%

1Y

-6.3%

Updated

27 Nov, 2022

Data

Company Financials +
MDI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends0/6

MDI Stock Overview

Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies.

Major Drilling Group International Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Major Drilling Group International
Historical stock prices
Current Share PriceCA$8.72
52 Week HighCA$12.86
52 Week LowCA$7.25
Beta1.62
1 Month Change6.99%
3 Month Change-5.53%
1 Year Change-6.34%
3 Year Change62.38%
5 Year Change30.74%
Change since IPO302.46%

Recent News & Updates

These 4 Measures Indicate That Major Drilling Group International (TSE:MDI) Is Using Debt Safely

Oct 13
These 4 Measures Indicate That Major Drilling Group International (TSE:MDI) Is Using Debt Safely

Recent updates

These 4 Measures Indicate That Major Drilling Group International (TSE:MDI) Is Using Debt Safely

Oct 13
These 4 Measures Indicate That Major Drilling Group International (TSE:MDI) Is Using Debt Safely

With A 28% Price Drop For Major Drilling Group International Inc. (TSE:MDI) You'll Still Get What You Pay For

Jul 15
With A 28% Price Drop For Major Drilling Group International Inc. (TSE:MDI) You'll Still Get What You Pay For

Is Now The Time To Put Major Drilling Group International (TSE:MDI) On Your Watchlist?

Jun 23
Is Now The Time To Put Major Drilling Group International (TSE:MDI) On Your Watchlist?

Major Drilling Group International's (TSE:MDI) Returns On Capital Are Heading Higher

Jun 09
Major Drilling Group International's (TSE:MDI) Returns On Capital Are Heading Higher

Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?

Apr 19
Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?

Returns At Major Drilling Group International (TSE:MDI) Are On The Way Up

Mar 04
Returns At Major Drilling Group International (TSE:MDI) Are On The Way Up

Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?

Dec 04
Is Major Drilling Group International (TSE:MDI) Using Too Much Debt?

Major Drilling Group International (TSE:MDI) Might Have The Makings Of A Multi-Bagger

Sep 03
Major Drilling Group International (TSE:MDI) Might Have The Makings Of A Multi-Bagger

We Think Major Drilling Group International (TSE:MDI) Can Stay On Top Of Its Debt

Mar 16
We Think Major Drilling Group International (TSE:MDI) Can Stay On Top Of Its Debt

Will the Promising Trends At Major Drilling Group International (TSE:MDI) Continue?

Feb 23
Will the Promising Trends At Major Drilling Group International (TSE:MDI) Continue?

The Major Drilling Group International (TSE:MDI) Share Price Is Up 41% And Shareholders Are Holding On

Feb 03
The Major Drilling Group International (TSE:MDI) Share Price Is Up 41% And Shareholders Are Holding On

Major Drilling Group International Inc. (TSE:MDI) On The Verge Of Breaking Even

Jan 13
Major Drilling Group International Inc. (TSE:MDI) On The Verge Of Breaking Even

Here's What We Think About Major Drilling Group International's (TSE:MDI) CEO Pay

Dec 23
Here's What We Think About Major Drilling Group International's (TSE:MDI) CEO Pay

Here's Why Major Drilling Group International (TSE:MDI) Has A Meaningful Debt Burden

Dec 02
Here's Why Major Drilling Group International (TSE:MDI) Has A Meaningful Debt Burden

Shareholder Returns

MDICA Metals and MiningCA Market
7D-3.8%3.5%2.1%
1Y-6.3%-8.6%-1.4%

Return vs Industry: MDI exceeded the Canadian Metals and Mining industry which returned -8.6% over the past year.

Return vs Market: MDI underperformed the Canadian Market which returned -1.4% over the past year.

Price Volatility

Is MDI's price volatile compared to industry and market?
MDI volatility
MDI Average Weekly Movement6.5%
Metals and Mining Industry Average Movement11.7%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market4.1%

Stable Share Price: MDI is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: MDI's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1980n/aDenis Larocquehttps://www.majordrilling.com

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.

Major Drilling Group International Inc. Fundamentals Summary

How do Major Drilling Group International's earnings and revenue compare to its market cap?
MDI fundamental statistics
Market CapCA$722.43m
Earnings (TTM)CA$66.65m
Revenue (TTM)CA$699.26m

10.8x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MDI income statement (TTM)
RevenueCA$699.26m
Cost of RevenueCA$538.67m
Gross ProfitCA$160.59m
Other ExpensesCA$93.94m
EarningsCA$66.65m

Last Reported Earnings

Jul 31, 2022

Next Earnings Date

Dec 08, 2022

Earnings per share (EPS)0.80
Gross Margin22.97%
Net Profit Margin9.53%
Debt/Equity Ratio7.8%

How did MDI perform over the long term?

See historical performance and comparison