Major Drilling Group International Inc trades with the ticker MDI on the TSX and is in the Other Industrial Metals & Mining industry.
Overview
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 headquartered in Moncton, Canada with additional offices in the United States, Mexico, South America, Asia, Africa, and Australia.
Looking to invest in Major Drilling Group International Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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MDI.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $678.828MM
PE Ratio: 10.779
Price: 8.29 (Updated: 3/12/2024 0:47:16)
Major Drilling Group International Inc (MDI) vs Competitors in Other Industrial Metals & Mining
Lets see how MDI.TO stacks up against others in the Other Industrial Metals & Mining asset management industry. We have identified its main peers as:Almonty Industries Inc, Altius Minerals Corporation, Aquila Resources Inc, Ascendant Resources Inc, Auryn Resources Inc
.Other Industrial Metals & Mining Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Almonty Industries Inc (AII) | $142.672 | N/A | -183.262 | N/A% |
| Altius Minerals Corporation (ALS) | $888.413 | 49.658 | 16.638 | 1.7% |
| Aquila Resources Inc (AQA) | $28.861 | N/A | 0.0 | 0.0% |
| Ascendant Resources Inc (ASND) | $12.396 | 0.75 | 3.873 | N/A% |
| Auryn Resources Inc (AUG) | $347.59 | N/A | 0.0 | 0.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Other Industrial Metals & Mining
- Major Drilling Group International Inc (MDI) vs Almonty Industries Inc (AII)
- MDI has higher EPS (0.77 vs -0.04). AII has a P/E under 0, indicating MDI (P/E 10.779) is in a better position.
- Major Drilling Group International Inc (MDI) vs Altius Minerals Corporation (ALS)
- MDI has higher EPS (0.77 vs 0.38). ALS provides dividends, while MDI does not. ALS has a higher P/E ratio (49.658 vs 10.779) indicating it’s more expensive.
- Major Drilling Group International Inc (MDI) vs Aquila Resources Inc (AQA)
- MDI has higher EPS (0.77 vs -0.024). AQA provides dividends, while MDI does not. AQA has a P/E under 0, indicating MDI (P/E 10.779) is in a better position.
- Major Drilling Group International Inc (MDI) vs Ascendant Resources Inc (ASND)
- MDI has higher EPS (0.77 vs 0.08). MDI has a higher P/E ratio (10.779 vs 0.75) indicating it’s more expensive.
- Major Drilling Group International Inc (MDI) vs Auryn Resources Inc (AUG)
- MDI has higher EPS (0.77 vs -0.185). AUG provides dividends, while MDI does not. AUG has a P/E under 0, indicating MDI (P/E 10.779) is in a better position.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (10.78) than the industry average (13.24), indicating potential undervaluation.
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