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 | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Major Drilling Group International Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$8.70 |
| 52 Week High | CA$10.39 |
| 52 Week Low | CA$6.98 |
| Beta | 1.6 |
| 11 Month Change | 1.16% |
| 3 Month Change | -9.00% |
| 1 Year Change | 18.37% |
| 33 Year Change | -8.71% |
| 5 Year Change | 62.92% |
| Change since IPO | 301.54% |
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 13Here's What We Think About Major Drilling Group International's (TSE:MDI) CEO Pay
Dec 23Here's Why Major Drilling Group International (TSE:MDI) Has A Meaningful Debt Burden
Dec 02Shareholder Returns
| MDI | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | 5.1% | 5.3% | 0.7% |
| 1Y | 18.4% | 30.0% | 21.7% |
Return vs Industry: MDI underperformed the Canadian Metals and Mining industry which returned 29.8% over the past year.
Return vs Market: MDI underperformed the Canadian Market which returned 21.4% over the past year.
Price Volatility
| MDI volatility | |
|---|---|
| MDI Average Weekly Movement | 6.0% |
| Metals and Mining Industry Average Movement | 10.5% |
| Market Average Movement | 8.3% |
| 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 (6%) 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$698.10m |
| Earnings (TTM) | CA$47.18m |
| Revenue (TTM) | CA$697.85m |
15.1x
P/E Ratio1.0x
P/S RatioIs MDI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MDI income statement (TTM) | |
|---|---|
| Revenue | CA$697.85m |
| Cost of Revenue | CA$552.16m |
| Gross Profit | CA$145.70m |
| Other Expenses | CA$98.51m |
| Earnings | CA$47.18m |
Last Reported Earnings
Jul 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.58 |
| Gross Margin | 20.88% |
| Net Profit Margin | 6.76% |
| Debt/Equity Ratio | 0% |
How did MDI perform over the long term?
See historical performance and comparison