$43 targetBased on the performance of the last bull market for precious metals, I peg a target at $43. This may be conservative, as the company has less competition that it did in the 2000's.
0.77CAD
74.92 MCAD
735.74 MCAD
73.50 M
About MAJOR DRILLING GRP
Sector
Industry
CEO
Denis Larocque
Website
Headquarters
Moncton
Employees (FY)
3.46 K
Founded
1980
ISIN
CA5609091031
FIGI
BBG0086K2H92
Major Drilling Group International, Inc. engages in the provision of water and mineral exploration drilling services. Its specialization include surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive or longhole drilling, surface drill and blast, and a variety of mine services. It operates through the following geographical segments: Canada-US, South and Central America, Asia, Africa, and Europe. The company was founded in 1980 and is headquartered in Moncton, Canada.
probable turning pointMarket sentiment with respect to this exploration drilling companies stock price and gold price action. It would appear that price is nearing some kind of probable turning point, as weekly RSI looks oversold.
A solid bounce?$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.
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Frequently Asked Questions
The current price of MDI is 9.59 CAD — it has increased by 3.68% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NEO exchange MAJOR DRILLING GRP stocks are traded under the ticker MDI.
MAJOR DRILLING GRP is going to release the next earnings report on Jun 6, 2024. Keep track of upcoming events with our Earnings Calendar.
One year price forecast for MAJOR DRILLING GRP has a max estimate of 18.00 CAD and a min estimate of 11.00 CAD.
MDI earnings for the last quarter are 0.29 CAD whereas the estimation was 0.26 CAD which accounts for 10.13% surprise. Estimated earnings for the next quarter are 0.02 CAD. See more details about MAJOR DRILLING GRP earnings.
MAJOR DRILLING GRP revenue for the last quarter amounts to 206.95 M CAD despite the estimated figure of 202.52 M CAD. In the next quarter revenue is expected to reach 144.62 M CAD.
Yes, you can track MAJOR DRILLING GRP financials in yearly and quarterly reports right on TradingView.
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 GRP stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 16, 2024, the company has 3.46 K employees. See our rating of the largest employees — is MAJOR DRILLING GRP on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MAJOR DRILLING GRP EBITDA is 148.64 M CAD, and current EBITDA margin is 21.60%. See more stats in MAJOR DRILLING GRP financial statements.