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Major Drilling Group International(TSX) MDI

Market CapCA$1.14BMarket 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)+635%
5 Year+73%
1 Year+64%
1 Month-6%
CA$14.31
+2.80%
+0.39Today
Major Drilling Group International last closing stock price
MetricPriceDate
Last closeCAD 14.312026-08-04
Major Drilling Group International stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+1.49%CAD 14.102026-07-28
1 month-5.98%CAD 15.222026-07-03
3 month-11.88%CAD 16.242026-05-06
Year to date+10.93%CAD 12.902025-12-31
1 year+63.92%CAD 8.732025-08-01
3 year+64.48%CAD 8.702023-08-04
5 year+73.45%CAD 8.252021-08-05
Since inception+634.53%CAD 1.901995-03-10

Major Drilling Group International Financials at a Glance

Market Cap

CA$1.14BMarket 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$889.08M

Net Income (TTM)

CA$21.38M

EPS (TTM)

CA$0.26

P/E Ratio

53.39

Dividend

CA$0.00

Beta (Volatility)

1.61 (High)

Price

CA$14.31

Volume

413,274

Open

CA$14.51

Previous Close

CA$14.31

Daily Range

CA$13.97 - CA$14.51

52-Week Range

CA$8.68 - CA$18.70

Estimated Earnings Date

Sep 10, 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, offering a diverse range 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
  • Trailing twelve months (TTM) revenue of CAD 1.1 billion shows consistent growth
  • Expansion into new markets enhances long-term growth potential
Financial Highlights
  • Net income for the latest quarter was CAD 8.2 million, reflecting improved profitability
  • Operating cash flow of CAD 1.8 million demonstrates operational efficiency
  • Current ratio of 2.43 indicates strong liquidity position
Major Drilling Group International Inc. has established itself as a leader in the drilling services sector, catering to the needs of mining and mineral exploration companies worldwide. The company's diverse service offerings and international presence position it well for future growth. Recent financial performance highlights a rebound in profitability, with a notable increase in revenue and net income. The strong current ratio suggests that the company is well-equipped to meet its short-term obligations, further enhancing its appeal to potential investors. With ongoing expansion efforts and a solid operational foundation, Major Drilling Group International Inc. presents a compelling opportunity in the industrial materials sector.
AI Generated • Jul 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

14.78%

Operating Margin

5.29%

Net Income Margin

2.40%

Return on Equity

3.91%

Return on Capital

7.96%

Return on Assets

2.79%

Earnings Yield

1.87%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

CA$1.14BMarket 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

413.27K

Avg. Volume

260.73K

Financials (TTM)

Gross Profit

CA$131.45M

Operating Income

CA$47.06M

EBITDA

CA$106.68M

Operating Cash Flow

CA$81.85M

Capital Expenditure

-CA$61.04M

Free Cash Flow

CA$20.81M

Cash & ST Invst.

CA$62.63M

Total Debt

CA$35.15M

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
Q12025-07-3120.8%
Q22025-10-317.7%
Q32026-01-31-24.4%
Q42026-04-3026.6%
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
Q12025-07-31860.0%
Q22025-10-3141.7%
Q32026-01-31-176.5%
Q42026-04-30176.8%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q4 2026YOY CHG

Revenue

CA$233.69M

+24.6%

Gross Profit

CA$33.68M

+21.4%

Gross Margin

14.41%

N/A

Market Cap

CA$1.14BMarket 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$457.89K

N/A

Employees

2,500

N/A

Net Income

CA$8.21M

+704.5%

EBITDA

CA$31.00M

+51.5%

Quarterly Fundamentals

Name
Q4 2026YOY CHG

Total Cash

CA$62.63M

+36.2%

Total Debt

CA$35.15M

-5.4%

Accounts Receivable

CA$188.50M

+24.2%

Inventory

CA$111.24M

-3.8%

Long Term Debt

CA$33.53M

-4.5%

Short Term Debt

CA$1.62M

-20.0%

Return on Assets

2.79%

N/A

Return on Invested Capital

7.68%

N/A

Free Cash Flow

-CA$22.71M

-59.6%

Operating Cash Flow

CA$1.78M

-59.3%

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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$14.31 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$8.68 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$35.15M.

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

Major Drilling Group International reported CA$62.63M 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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