Major Drilling Group International (MDI : TSX)
Common Stock
Follow MDI
MDI
Major Drilling Group International
WealthAwesomePerformance
1 Day
+4.60%
1 Week
+8.82%
1 Month
-3.40%
YTD
+19.00%
The Tuesday Stock Pick · free, every tuesday morning. One Canadian stock and the case for it.
Key Statistics
Market Cap
$1.31B
52W High
$18.70
52W Low
$11.59
P/E Ratio
49.72
50 Day MA
$15.97
200 Day MA
$16.08
Beta
1.41
Dividend Yield
-
WA Score
How MDI stacks up against 947 Canadian stocks
54
out of 99
- Value60
Earnings yield 2.0% (P/E 49.7).
- Quality44
Return on equity 4.6%, profit margin 2.7%.
- Momentum52
19.0% this year, below its 200-day average, 61% of the way up its 52-week range.
- Analysts56
Average analyst target is 32.3% above the price.
- Insidersn/a
Not covered by our SEDI insider data yet.
Each factor is a percentile against Canadian common stocks worth $50M or more on the TSX and TSX Venture (90 = better than 90% of them). Built from exchange prices, company financials, analyst targets and SEDI insider filings. A data summary, not advice. How it works · Top-scoring stocks
Performance history
MDI returns since 2023
Major Drilling Group International has traded since Nov 2023 in our data, with 1 up year out of 2 full calendar years. Its deepest fall was −35.7% (May 2024 to Apr 2025).
1 year / yr
+28.9%
3 years / yr
+30.3%
5 years / yr
—
10 years / yr
—
Calendar-year returns
- 2023*+27.9%
- 2024−10.9%
- 2025+57.1%
- 2026*+23.3%
* Partial year (first year of data, or year to date).
$10,000 invested in MDI
- 1 year ago$12,893
- 2023 (start of our data)$22,097
- Best year
- 2025: +57.1%
- Worst year
- 2024: −10.9%
- All-time high in our data
- $18 on Mar 2, 2026 · now −13.5%
Total-return basis using adjusted daily closes from the Toronto Stock Exchange and TSX Venture (dividends and splits folded in), Nov 2023 to Nov 2026. Past returns do not predict future ones.
Technical Indicators
Price vs 50-Day SMA
Price vs 200-Day SMA
Recent Price History
| Date | Open | High | Low | Close | Adj Close | Volume |
|---|---|---|---|---|---|---|
| 11/9/2026 | $15.43 | $16.00 | $15.41 | $15.91 | $15.91 | 244,351 |
| 11/6/2026 | $14.76 | $15.35 | $14.69 | $15.21 | $15.21 | 109,169 |
| 11/5/2026 | $15.15 | $15.15 | $14.36 | $14.78 | $14.78 | 259,861 |
| 11/4/2026 | $15.41 | $15.41 | $14.74 | $15.11 | $15.11 | 239,572 |
| 11/3/2026 | $14.62 | $15.07 | $14.62 | $15.03 | $15.03 | 228,407 |
| 11/2/2026 | $14.39 | $15.21 | $14.39 | $14.62 | $14.62 | 166,270 |
| 10/30/2026 | $14.23 | $14.31 | $14.00 | $14.14 | $14.14 | 101,638 |
| 10/29/2026 | $14.95 | $14.99 | $14.67 | $14.82 | $14.82 | 63,546 |
| 10/28/2026 | $15.33 | $15.33 | $14.97 | $15.09 | $15.09 | 89,600 |
| 10/27/2026 | $14.45 | $15.35 | $14.41 | $15.32 | $15.32 | 137,445 |
Analyst Price Targets
Based on analyst covering MDI · as of Nov 9, 2026
Wall Street analysts forecast MDI stock price to rise 32.3% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$21.05
+32.3% Upside
Previously C$20.95 on Sep 17, 2026
Current Price
C$15.91
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on MDI's historical volatility
30-Day Vol
45.9%
Annualized
90-Day Vol
40.8%
Annualized
Trend (90d)
-17.6%
Annualized drift
90d Mean
C$14.94
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$15.58 | C$13.30 – C$18.25 |
| 60 trading days | C$15.26 | C$12.20 – C$19.09 |
| 90 trading days | C$14.94 | C$11.36 – C$19.66 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
About Major Drilling Group International
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 1980 and is headquartered in Moncton, Canada.
Financials
- Revenue (TTM)
- $939.81M
- EBITDA
- $105.11M
- Profit Margin
- 2.74%
- ROE (TTM)
- 4.63%
- EPS (Diluted)
- 0.32
- Book Value
- 7.07
Classification
- Sector
- Materials
- Industry
- Metals & Mining
- Group
- Materials
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