| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | CA$8.72 |
| 52 Week High | CA$12.86 |
| 52 Week Low | CA$7.25 |
| Beta | 1.62 |
| 1 Month Change | 6.99% |
| 3 Month Change | -5.53% |
| 1 Year Change | -6.34% |
| 3 Year Change | 62.38% |
| 5 Year Change | 30.74% |
| Change since IPO | 302.46% |
Recent News & Updates
Recent updates
These 4 Measures Indicate That Major Drilling Group International (TSE:MDI) Is Using Debt Safely
Oct 13
With 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 | -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
| MDI volatility | |
|---|---|
| MDI Average Weekly Movement | 6.5% |
| Metals and Mining Industry Average Movement | 11.7% |
| Market Average Movement | 9.9% |
| 10% most volatile stocks in CA Market | 18.0% |
| 10% least volatile stocks in CA Market | 4.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | n/a | Denis Larocque | https://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
| MDI fundamental statistics | |
|---|---|
| Market Cap | CA$722.43m |
| Earnings (TTM) | CA$66.65m |
| Revenue (TTM) | CA$699.26m |
10.8x
P/E Ratio1.0x
P/S RatioIs MDI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MDI income statement (TTM) | |
|---|---|
| Revenue | CA$699.26m |
| Cost of Revenue | CA$538.67m |
| Gross Profit | CA$160.59m |
| Other Expenses | CA$93.94m |
| Earnings | CA$66.65m |
Last Reported Earnings
Jul 31, 2022
Next Earnings Date
Dec 08, 2022
| Earnings per share (EPS) | 0.80 |
| Gross Margin | 22.97% |
| Net Profit Margin | 9.53% |
| Debt/Equity Ratio | 7.8% |
How did MDI perform over the long term?
See historical performance and comparison