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Major Drilling Group International(TSX) MDI

Market CapCA$1.31BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1995)+740%
5 Year+71%
1 Year+58%
1 Month-9%
CA$15.57
-2.20%
-0.35Today
Major Drilling Group International last closing stock price
MetricPriceDate
Last closeCAD 15.572026-09-14
Major Drilling Group International stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-3.17%CAD 16.082026-09-04
1 month-9.27%CAD 17.162026-08-14
3 month-7.76%CAD 16.882026-06-16
Year to date+20.7%CAD 12.902025-12-31
1 year+58.07%CAD 9.852025-09-12
3 year+82.11%CAD 8.552023-09-15
5 year+71.29%CAD 9.092021-09-15
Since inception+740.06%CAD 1.901995-03-10

Major Drilling Group International Financials at a Glance

Market Cap

CA$1.31BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$939.81M

Net Income (TTM)

CA$25.79M

EPS (TTM)

CA$0.31

P/E Ratio

50.73

Dividend

CA$0.00

Beta (Volatility)

1.60 (High)

Price

CA$15.57

Volume

139,254

Open

CA$15.50

Previous Close

CA$15.57

Daily Range

CA$15.20 - CA$15.71

52-Week Range

CA$9.84 - CA$18.70

Estimated Earnings Date

Dec 3, 2026

MDI News

No articles available.

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About Major Drilling Group International

Major Drilling Group International Inc. specializes in providing expert contract drilling services tailored for mining and mineral exploration. Founded in 1980 and based in Moncton, Canada, the company operates globally with a diverse portfolio of drilling methodologies.

Products and Services
  • Surface and subterranean core extraction
  • Precision directional and reverse circulation drilling
  • Geotechnical, environmental, and water-well drilling
Growth Outlook
  • Recent quarterly revenue reached CAD 233.7 million, indicating strong demand
  • Expansion into new markets across Asia and South America enhances growth potential
  • Increased investment in technology aims to improve operational efficiency
Financial Highlights
  • Trailing twelve months revenue of CAD 1.03 billion reflects robust performance
  • Net income for the latest quarter was CAD 8.2 million, showing recovery
  • Current ratio of 2.43 indicates strong liquidity position
Major Drilling Group International Inc. has established itself as a leader in the drilling industry, offering a wide range of services that cater to various mining and exploration needs. The company's recent financial performance demonstrates resilience and growth, particularly in the face of fluctuating market conditions. With a solid liquidity position and ongoing investments in technology, Major Drilling is well-positioned to capitalize on emerging opportunities in the global mining sector. The company's strategic expansion into new markets further enhances its growth prospects, making it an intriguing option for potential investors.
AI Generated • Aug 25, 2026

Industry

Metals and Mining

Sector

Materials

Employees

5,414

CEO

Denis Larocque

Website

www.majordrilling.com

Headquarters

Moncton, NB E1C 1T7, CA

MDI Financials

Key Financial Metrics (TTM)

Gross Margin

14.72%

Operating Margin

5.75%

Net Income Margin

2.74%

Return on Equity

4.61%

Return on Capital

7.96%

Return on Assets

3.18%

Earnings Yield

1.97%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

CA$1.31BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

82.24M

Volume

139.25K

Avg. Volume

222.03K

Financials (TTM)

Gross Profit

CA$138.38M

Operating Income

CA$54.05M

EBITDA

CA$118.47M

Operating Cash Flow

CA$78.67M

Capital Expenditure

-CA$60.12M

Free Cash Flow

CA$18.54M

Cash & ST Invst.

CA$59.34M

Total Debt

CA$39.53M

Major Drilling Group International Performance Analysis

Major Drilling Group International annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-04-30CAD 735,742,00013.1%
20242024-04-30CAD 706,694,000-3.9%
20252025-04-30CAD 727,579,0003.0%
20262026-04-30CAD 889,078,00022.2%
Major Drilling Group International sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-10-317.7%
Q32026-01-31-24.4%
Q42026-04-3026.6%
Q12026-07-3118.7%
Major Drilling Group International annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-04-30CAD 0.9039.3%
20242024-04-30CAD 0.64-28.5%
20252025-04-30CAD 0.32-50.8%
20262026-04-30CAD 0.26-17.8%
Major Drilling Group International sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-10-3141.7%
Q32026-01-31-176.5%
Q42026-04-30176.8%
Q12026-07-3180.4%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2027YOY CHG

Revenue

CA$277.35M

+22.4%

Gross Profit

CA$49.09M

+16.5%

Gross Margin

17.70%

N/A

Market Cap

CA$1.31BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

CA$523.68K

N/A

Employees

2,500

N/A

Net Income

CA$14.48M

+43.8%

EBITDA

CA$43.85M

+36.8%

Quarterly Fundamentals

Name
Q1 2027YOY CHG

Total Cash

CA$59.34M

+26.0%

Total Debt

CA$39.53M

+7.6%

Accounts Receivable

CA$215.10M

+31.1%

Inventory

CA$117.13M

+1.4%

Long Term Debt

CA$37.25M

+8.0%

Short Term Debt

CA$2.28M

+2.8%

Return on Assets

3.18%

N/A

Return on Invested Capital

8.42%

N/A

Free Cash Flow

-CA$1.71M

-409.0%

Operating Cash Flow

CA$11.75M

-21.3%

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Questions About MDI

What is the current price of Major Drilling Group International?

Major Drilling Group International is trading at CA$15.57 per share.

What is the 52-week range for Major Drilling Group International?

Over the past 52 weeks, Major Drilling Group International has traded between CA$9.84 and CA$18.70.

How much debt does Major Drilling Group International have?

As of the most recent reporting period, Major Drilling Group International reported total debt of CA$39.53M.

How much cash does Major Drilling Group International have on hand?

Major Drilling Group International reported CA$59.34M in cash and cash equivalents in its most recent financial results.

What is Major Drilling Group International’s dividend yield?

Major Drilling Group International does not currently have a dividend yield.

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