Major Drilling Group International Inc. (TSX:MDI)
Canada · Delayed Price · Currency is CAD | Market Cap | 1.46B +96.4% |
| Revenue (ttm) | 889.08M +22.2% |
| Net Income | 21.38M -17.6% |
| EPS | 0.26 -18.0% |
| Shares Out | 82.24M |
| PE Ratio | 68.31 |
| Forward PE | 27.58 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 114,865 |
| Open | 17.65 |
| Previous Close | 17.76 |
| Day's Range | 17.20 - 17.83 |
| 52-Week Range | 9.01 - 18.70 |
| Beta | 1.33 |
| Analysts | Strong Buy |
| Price Target | 20.95 (+21.45%) |
| Earnings Date | Sep 2, 2026 |
About TSX:MDI
Major Drilling Group International Inc. provides contract drilling services to mining and mineral exploration companies in the United States, Canada, North America, South and Central America, Australasia, and Africa. The company offers various drilling services, including reverse circulation, surface and underground coring, directional, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive and longhole, and surface drill and blast services. Major Drilling Group International Inc. was founded in 19... [Read more]
Financial Performance
In fiscal year 2026, TSX:MDI's revenue was 889.08 million, an increase of 22.20% compared to the previous year's 727.58 million. Earnings were 21.38 million, a decrease of -17.62%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for MDI stock is "Strong Buy." The 12-month stock price target is $20.95, which is an increase of 21.45% from the latest price.
News
Major Drilling Group International Earnings Call Transcript: Q4 2026
Record annual revenue and strong Q4 growth were driven by robust activity in North America and solid demand for specialized drilling. Labor shortages and rising costs are expected to impact margins early in fiscal 2027, but continued momentum and higher CapEx are anticipated.
Major Drilling Group International Earnings release: Q4 2026
Major Drilling Group International released its Q4 2026 earnings on June 11, 2026, summarizing the period's financial results.
Major Drilling Group International Slides: Q4 2026
Major Drilling Group International has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on June 11, 2026.
Major Drilling Group International Registration statement: Q4 2026
Major Drilling Group International filed a registration statement on June 11, 2026, providing details about a securities offering with the SEC.
Major Drilling Group International Registration statement: Q4 2026
Major Drilling Group International filed a registration statement on June 11, 2026, providing details about a securities offering with the SEC.
Major Drilling Group International Annual report: Q4 2026
Major Drilling Group International has published its Q4 2026 annual report on June 11, 2026.
Major Drilling Group International Document: Q4 2026
Major Drilling Group International filed a regulatory document on June 11, 2026 disclosing important business information.
Major Drilling Announces Fourth Quarter Results and Record Annual Revenue
MONCTON, New Brunswick, June 10, 2026 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), the largest provider of drilling services to the minin...
Major Drilling to Release Results for its Fourth Fiscal Quarter and Fiscal 2026 on Wednesday, June 10, 2026
MONCTON, New Brunswick, May 27, 2026 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (TSX: MDI) (the “Company”) will release its fourth quarter and fiscal 2026 results for the quarter and ...
Major Drilling Group International Slides: Investor presentation
Major Drilling Group International has posted slides in relation to its latest quarterly earnings report, which was published on May 1, 2026.
Major Drilling price target raised to C$21 from C$16 at TD Securities
TD Securities raised the firm’s price target on Major Drilling (MJDLF) to C$21 from C$16 and keeps a Buy rating on the shares.
Major Drilling Group International Earnings Call Transcript: Q3 2026
Revenue grew 14.9% year-over-year, driven by strong activity in North America, but margins declined due to higher preparation costs and contract terminations. The outlook is optimistic with ramping activity, improved pricing, and ongoing labor and supply chain challenges.
Major Drilling Group International Earnings release: Q3 2026
Major Drilling Group International released its Q3 2026 earnings on February 26, 2026, summarizing the period's financial results.
Major Drilling Group International Slides: Q3 2026
Major Drilling Group International has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on February 26, 2026.
Major Drilling Group International Registration statement: Q3 2026
Major Drilling Group International filed a registration statement on February 26, 2026, providing details about a securities offering with the SEC.
Major Drilling Group International Registration statement: Q3 2026
Major Drilling Group International filed a registration statement on February 26, 2026, providing details about a securities offering with the SEC.
Major Drilling Announces Third Quarter 2026 Results
MONCTON, New Brunswick, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), the largest provider of drilling services to the minin...
Major Drilling price target raised to C$20 from C$17 at RBC Capital
RBC Capital analyst Sam Crittenden raised the firm’s price target on Major Drilling (MJDLF) to C$20 from C$17 and keeps an Outperform rating on the shares.
Major Drilling price target raised to C$17 from C$14 at RBC Capital
RBC Capital raised the firm’s price target on Major Drilling (MJDLF) to C$17 from C$14 and keeps an Outperform rating on the shares.
Major Drilling Group International Earnings Call Transcript: Q2 2026
Record Q2 revenue rose 29% year-over-year to CAD 244 million, led by strong Canadian and Peruvian growth, despite margin pressure from competitive pricing and training costs. Outlook remains positive for 2026, driven by high gold and copper prices and increased junior financings.
Major Drilling Group International Earnings release: Q2 2026
Major Drilling Group International released its Q2 2026 earnings on December 11, 2025, summarizing the period's financial results.
Major Drilling Group International Slides: Q2 2026
Major Drilling Group International has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on December 11, 2025.
Major Drilling Group International Registration statement: Q2 2026
Major Drilling Group International filed a registration statement on December 11, 2025, providing details about a securities offering with the SEC.
Major Drilling Group International Registration statement: Q2 2026
Major Drilling Group International filed a registration statement on December 11, 2025, providing details about a securities offering with the SEC.
Major Drilling Announces Record Quarterly Revenue for its Second Quarter 2026
MONCTON, New Brunswick, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), the largest provider of drilling services to the minin...