(MDI) Major Drilling - Ratings and Ratios
Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA5609091031
MDI: Drilling, Exploration, Mining, Services, Support
Major Drilling Group International Inc. is a leading global provider of specialized drilling services to the mining and mineral exploration sectors. Operating across the United States, Canada, South and Central America, Australasia, and Africa, the company delivers a comprehensive suite of drilling solutions tailored to diverse geological conditions. Its services include surface and underground coring, directional drilling, reverse circulation, sonic drilling, geotechnical and environmental drilling, water-well drilling, coal-bed methane extraction, shallow gas drilling, underground percussive drilling, longhole drilling, and surface drill and blast services. Additionally, the company offers a range of mining support services. Established in 1980, Major Drilling is headquartered in Moncton, Canada, and has built a reputation for precision, safety, and innovation in the drilling industry.
From a technical perspective, MDIs stock is currently trading at 8.46 CAD, slightly above its 20-day SMA of 8.26 but below its 200-day SMA of 8.50. This indicates a neutral to slightly bearish short-term trend. The average true range (ATR) of 0.39 suggests moderate volatility. On the fundamental side, the companys market cap stands at 682.58M CAD, with a trailing P/E ratio of 19.86 and a forward P/E of 10.53, signaling expectations of improved earnings. The P/B ratio of 1.34 aligns with industry norms, while the P/S ratio of 1.03 reflects modest revenue valuation. The return on equity (RoE) of 6.71% indicates reasonable profitability.
Based on the technical and fundamental data, MDIs stock is likely to experience sideways to downward movement in the short term, as it trades near its 200-day SMA. However, the lower forward P/E ratio suggests investor confidence in future earnings growth. The companys strong market position and diverse service offerings position it well to capitalize on increasing demand for mineral exploration and drilling services, particularly in critical minerals.
Additional Sources for MDI Stock
MDI Stock Overview
Market Cap in USD | 487m |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
GiC Sub-Industry | Diversified Metals & Mining |
IPO / Inception |
MDI Stock Ratings
Growth Rating | 23.0 |
Fundamental | 50.6 |
Dividend Rating | 9.10 |
Rel. Strength | -14.2 |
Analysts | - |
Fair Price Momentum | 7.10 CAD |
Fair Price DCF | 3.57 CAD |
MDI Dividends
Dividend Yield 12m | 0.00% |
Yield on Cost 5y | % |
Annual Growth 5y | 0.00% |
Payout Consistency | 36.4% |
MDI Growth Ratios
Growth Correlation 3m | 28.4% |
Growth Correlation 12m | -60.6% |
Growth Correlation 5y | 33.5% |
CAGR 5y | 15.13% |
CAGR/Max DD 5y | 0.31 |
Sharpe Ratio 12m | -0.10 |
Alpha | -31.18 |
Beta | 1.510 |
Volatility | 39.62% |
Current Volume | 79.4k |
Average Volume 20d | 95.5k |
As of May 22, 2025, the stock is trading at CAD 8.20 with a total of 79,408 shares traded.
Over the past week, the price has changed by -2.73%, over one month by -3.98%, over three months by -6.50% and over the past year by -18.57%.
Partly, yes. Based on ValueRay Fundamental Analyses, Major Drilling (TO:MDI) is currently (May 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 50.62 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MDI as of May 2025 is 7.10. This means that MDI is currently overvalued and has a potential downside of -13.41%.
Major Drilling has no consensus analysts rating.
According to ValueRays Forecast Model, MDI Major Drilling will be worth about 8.4 in May 2026. The stock is currently trading at 8.20. This means that the stock has a potential upside of +1.83%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 13.6 | 65.2% |
Analysts Target Price | - | - |
ValueRay Target Price | 8.4 | 1.8% |