$43 targetBased on the performance of the last bull market for precious metals, I peg a target at $43. This may be conservative, as the company has less competition that it did in the 2000's.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
0.57CAD
53.09 MCAD
706.69 MCAD
81.51 M
About MAJOR DRILLING GROUP INTL INC
Sector
Industry
CEO
Denis Larocque
Website
Headquarters
Moncton
Founded
1980
FIGI
BBG000C11671
Major Drilling Group International, Inc. engages in the provision of water and mineral exploration drilling services. Its specialization include surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive or longhole drilling, surface drill and blast, and a variety of mine services. It operates through the following geographical segments: Canada-US, South and Central America, Asia, Africa, and Europe. The company was founded in 1980 and is headquartered in Moncton, Canada.
probable turning pointMarket sentiment with respect to this exploration drilling companies stock price and gold price action. It would appear that price is nearing some kind of probable turning point, as weekly RSI looks oversold.
A solid bounce?$mdi.to: will this bounce hold? Q4 earnings and fiscal 2023 is on Tuesday June 13th next week, and the have been very busy last year.
About to break out?They are literally printing money. Don't be surprised to see new all time highs in the next year
The fun is about to startThe fun is about to start The fun is about to start The fun is about to start
Cash flow positivewhatever happens in the bull market for precious metals, this company will always be cash flow positive and growing.
this is going to at least $1000Se BLY.ax for a preview of what major Drilling will do. major is the biggest cat in town this time, Boart Longyear out of the picture.
publishing just to track itI would like to watch the progress here. I own this stock. Looks ready to break out in a week or two.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MDI is 8.38 CAD — it has decreased by −1.06% in the past 24 hours. Watch MAJOR DRILLING GROUP INTL INC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on TSX exchange MAJOR DRILLING GROUP INTL INC stocks are traded under the ticker MDI.
MDI stock has fallen by −2.56% compared to the previous week, the month change is a 0.12% rise, over the last year MAJOR DRILLING GROUP INTL INC has showed a 14.01% increase.
We've gathered analysts' opinions on MAJOR DRILLING GROUP INTL INC future price: according to them, MDI price has a max estimate of 16.00 CAD and a min estimate of 10.00 CAD. Watch MDI chart and read a more detailed MAJOR DRILLING GROUP INTL INC stock forecast: see what analysts think of MAJOR DRILLING GROUP INTL INC and suggest that you do with its stocks.
MDI stock is 4.56% volatile and has beta coefficient of 1.23. Track MAJOR DRILLING GROUP INTL INC stock price on the chart and check out the list of the most volatile stocks — is MAJOR DRILLING GROUP INTL INC there?
Today MAJOR DRILLING GROUP INTL INC has the market capitalization of 693.19 M, it has decreased by −2.08% over the last week.
Yes, you can track MAJOR DRILLING GROUP INTL INC financials in yearly and quarterly reports right on TradingView.
MAJOR DRILLING GROUP INTL INC is going to release the next earnings report on Dec 5, 2024. Keep track of upcoming events with our Earnings Calendar.
MDI earnings for the last quarter are 0.19 CAD per share, whereas the estimation was 0.22 CAD resulting in a −14.93% surprise. The estimated earnings for the next quarter are 0.17 CAD per share. See more details about MAJOR DRILLING GROUP INTL INC earnings.
MAJOR DRILLING GROUP INTL INC revenue for the last quarter amounts to 190.04 M CAD, despite the estimated figure of 193.66 M CAD. In the next quarter, revenue is expected to reach 183.41 M CAD.
MDI net income for the last quarter is 15.87 M CAD, while the quarter before that showed 9.93 M CAD of net income which accounts for 59.83% change. Track more MAJOR DRILLING GROUP INTL INC financial stats to get the full picture.
No, MDI doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 1, 2024, the company has 3.45 K employees. See our rating of the largest employees — is MAJOR DRILLING GROUP INTL INC on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MAJOR DRILLING GROUP INTL INC EBITDA is 128.39 M CAD, and current EBITDA margin is 19.14%. See more stats in MAJOR DRILLING GROUP INTL INC financial statements.
Like other stocks, MDI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MAJOR DRILLING GROUP INTL INC stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MAJOR DRILLING GROUP INTL INC technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MAJOR DRILLING GROUP INTL INC stock shows the sell signal. See more of MAJOR DRILLING GROUP INTL INC technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.