Major Drilling Group International Inc. (TSX:MDI)
| Market Cap | 1.34B |
| Revenue (ttm) | 842.94M |
| Net Income (ttm) | 14.20M |
| Shares Out | 82.13M |
| EPS (ttm) | 0.17 |
| PE Ratio | 94.36 |
| Forward PE | 15.91 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 195,040 |
| Average Volume | 166,753 |
| Open | 16.17 |
| Previous Close | 16.35 |
| Day's Range | 15.57 - 16.17 |
| 52-Week Range | 7.83 - 18.65 |
| Beta | 1.43 |
| RSI | 43.87 |
| Earnings Date | Jun 11, 2026 |
About TSX:MDI
Major Drilling Group International Inc. provides contract drilling services to mining and mineral exploration companies in the United States, Canada, 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, longhole drilling, and surface drill and blast services, as well as range of mining services. Major Drilling Group Internat... [Read more]
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 StatementsNews
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 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 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 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...
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
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 ...
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...
Major Drilling Group International Earnings Call Transcript: Q1 2026
Revenue grew 21% over the last three months, led by strong performance in Peru and Chile, while North America and Australasia faced temporary challenges. Margins declined due to competition and ramp-up costs, but liquidity and fleet utilization improved. Outlook remains positive, supported by high gold and copper prices.
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...
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
Major Drilling Group International Earnings Call Transcript: Q4 2025
Q4 revenue rose 11.6% year-over-year to $187.5M, driven by South and Central America, but margins fell due to startup costs. A 20% sequential revenue increase is expected in Q1 2026, with strong demand from seniors and ongoing fleet modernization.
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...
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...
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
Major Drilling Group International Earnings Call Transcript: Q3 2025
Revenue rose 21% year-over-year to $160.7 million, driven by the Explomin acquisition, while margins declined due to lower junior activity and higher costs. Senior customer demand and exploration budgets are rising, supporting a positive outlook for 2025.
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...
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
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...
Major Drilling Group International Earnings Call Transcript: Q2 2025
Q2 revenue held steady sequentially but declined 8.6% year-over-year, with strong results in Chile and Australia offsetting North American weakness. The Explomin acquisition boosts South American presence and revenue stability, while long-term outlook remains positive due to robust gold and copper demand.
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...
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
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...
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...
Major Drilling Group International Earnings Call Transcript: Q1 2025
Revenue rose 13% sequentially but fell 4.5% year-over-year, with strong growth in Australia and Chile offsetting North American weakness. Specialized drilling and technology investments are driving future growth, while junior mining activity remains subdued.
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...