Major Drilling Group International Inc. (TSX:MDI)

Canada flag Canada · Delayed Price · Currency is CAD
16.08
-0.76 (-4.51%)
May 15, 2026, 4:00 PM EST
Market Cap1.32B +92.1%
Revenue (ttm)842.94M +19.0%
Net Income14.20M -59.3%
EPS0.17 -58.7%
Shares Out82.13M
PE Ratio92.80
Forward PE15.65
Dividendn/a
Ex-Dividend Daten/a
Volume116,278
Average Volume160,983
Open16.33
Previous Close16.84
Day's Range15.99 - 16.33
52-Week Range7.83 - 18.65
Beta1.41
RSI45.45
Earnings DateJun 11, 2026

About TSX:MDI

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,... [Read more]

Sector Materials
Founded 1980
Employees 2,500
Stock Exchange Toronto Stock Exchange
Ticker Symbol MDI
Full Company Profile

Financial Performance

In fiscal year 2025, TSX:MDI's revenue was 727.58 million, an increase of 2.96% compared to the previous year's 706.69 million. Earnings were 25.96 million, a decrease of -51.11%.

Financial Statements

News

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.

2 months ago - TheFly

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...

2 months ago - GlobeNewsWire

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.

2 months ago - TheFly

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.

5 months ago - TheFly

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...

5 months ago - GlobeNewsWire

Major Drilling price target raised to C$16 from C$13 at TD Securities

TD Securities raised the firm’s price target on Major Drilling (MJDLF) to C$16 from C$13 and keeps a Buy rating on the shares.

5 months ago - TheFly

Major Drilling to Release Results for its Second Fiscal Quarter on December 10, 2025

Management to Host Webcast/Conference Call on Thursday, December 11, 2025 at 8:00am EST Management to Host Webcast/Conference Call on Thursday, December 11, 2025 at 8:00am EST

6 months ago - GlobeNewsWire

Major Drilling Announces Normal Course Issuer Bid

MONCTON, New Brunswick, Oct. 17, 2025 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), the largest provider of specialized drilling services ...

7 months ago - GlobeNewsWire

Major Drilling Announces Results of Annual Meeting of Shareholders

MONCTON, New Brunswick, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), the largest provider of specialized drilling services...

8 months ago - GlobeNewsWire

Major Drilling Announces First Quarter 2026 Results

MONCTON, New Brunswick, Sept. 08, 2025 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), the largest provider of specialized drilling services...

8 months ago - GlobeNewsWire

Major Drilling to Release Results for its First Quarter on September 8, 2025

Management to Host Webcast/Conference Call on Tuesday, September 9, 2025 at 8:00am EDT Management to Host Webcast/Conference Call on Tuesday, September 9, 2025 at 8:00am EDT

9 months ago - GlobeNewsWire

Major Drilling Announces Fourth Quarter and Fiscal Year 2025 Results as Activity Ramps Up

MONCTON, New Brunswick, June 11, 2025 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to...

1 year ago - GlobeNewsWire

Empire Metals Limited Announces Major Drilling Campaign Targeting Maiden MRE

Empire Metals Limited ("Empire" or "the Company") Commencement of Major Drilling Campaign Targeting Maiden Mineral Resource Estimate LONDON UNITED KINGDOM / ACCESS Newswire / June 2, 2025 / Empire Met...

1 year ago - Accesswire

Major Drilling to Release Results for its Fourth Quarter and Fiscal 2025 on June 11, 2025

Management to Host Webcast/Conference Call on Thursday, June 12, 2025 at 8:00am EDT Management to Host Webcast/Conference Call on Thursday, June 12, 2025 at 8:00am EDT

1 year ago - GlobeNewsWire

Major Drilling Announces Third Quarter 2025 Results

MONCTON, New Brunswick, March 06, 2025 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services t...

1 year ago - GlobeNewsWire

Major Drilling to Release Third Quarter Results for Fiscal 2025

Management to Host Webcast/Conference Call on Friday, March 7, 2025 at 8:00am EST Management to Host Webcast/Conference Call on Friday, March 7, 2025 at 8:00am EST

1 year ago - GlobeNewsWire

Major Drilling Appoints Chief Operating Officer to Support Continued Growth in Operations and Technologies

MONCTON, New Brunswick, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling”), is pleased to announce the appointment of Ashley Martin as Chief Operating Officer...

1 year ago - GlobeNewsWire

Major Drilling Announces Second Quarter 2025 Results, Building on Robust Net Cash Position

MONCTON, New Brunswick, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to...

1 year ago - GlobeNewsWire

Major Drilling to Release Second Quarter Results for Fiscal 2025

Management to Host Webcast/Conference Call on Friday, December 6, 2024 at 8:00am EST Management to Host Webcast/Conference Call on Friday, December 6, 2024 at 8:00am EST

1 year ago - GlobeNewsWire

Major Drilling Announces Acquisition of Leading South American Specialty Driller

MONCTON, New Brunswick, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), is pleased to announce that it has acquired all of the...

1 year ago - GlobeNewsWire

Major Drilling Group International Inc. Announces Participation in Red Cloud's 2024 Fall Mining Showcase in Toronto

Moncton, New Brunswick--(Newsfile Corp. - October 7, 2024) - Major Drilling Group International Inc. (TSX: MDI), a leading provider of specialized drilling services to the mining sector, is pleased to...

1 year ago - Newsfile Corp

Major Drilling Announces First Quarter 2025 Results

MONCTON, New Brunswick, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services t...

1 year ago - GlobeNewsWire

Major Drilling to Release First Quarter Results for Fiscal 2025

Management to Conduct Webcast/Conference Call on Thursday, September 5, 2024 at 8:00am EDT Management to Conduct Webcast/Conference Call on Thursday, September 5, 2024 at 8:00am EDT

1 year ago - GlobeNewsWire

Major Drilling Brings AI to Drilling by Investing in a Strategic Partnership with DGI/Kore

MONCTON, New Brunswick, July 22, 2024 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to...

1 year ago - GlobeNewsWire

Major Drilling Announces Fourth Quarter and Fiscal Year 2024 Results

MONCTON, New Brunswick, June 11, 2024 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), a leading provider of specialized drilling services to...

2 years ago - GlobeNewsWire