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MDI : Major Drilling Group International Inc Stock Profile

Qayyum Rajan is a CFA Charterholder who has previously worked at CIBC, RBC Dominion Securities and Sentry Investments before creating his own fintech ventures.He has been a financial advisor, analyst and portfolio manager who is passionate about helping people reach their financial goals.Qayyum is the owner of Wealth Awesome where he writes financial content and creates tools for over 20,000 Canadian investors.

Expertises: finance, investment, stocks
 
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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 to mining and mineral exploration companies in the United States, Canada, South and Central America, Australasia, and Africa. It offers various drilling services, including surface and underground coring, directional, reverse circulation, 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. The company was founded in 1980 and is headquartered in Moncton, Canada.
 

MDI.TO Stock Price and Key Stats

MDI Stock Key Stats

Exchange: TSX

Market Cap : $662.09MM

PE Ratio: 14.193

Price: (Updated: )

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

CompanyMarket Cap ($MM)P/E RatioEV/EBITDADividend Yield
Almonty Industries Inc (AII)$209.472N/A-189.094N/A%
Altius Minerals Corporation (ALS)$1,216.05484.41939.9321.4%
Aquila Resources Inc (AQA)$28.861N/A0.00.0%
Ascendant Resources Inc (ASND)$8.399N/A3.061N/A%
Auryn Resources Inc (AUG)$347.59N/A0.00.0%
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 (0.57 vs -0.04). AII has a P/E under 0, indicating MDI (P/E 14.193) is in a better position.
  • Major Drilling Group International Inc (MDI) vs Altius Minerals Corporation (ALS)
    • MDI has higher EPS (0.57 vs 0.31). ALS provides dividends, while MDI does not. ALS has a higher P/E ratio (84.419 vs 14.193) indicating it’s more expensive.
  • Major Drilling Group International Inc (MDI) vs Aquila Resources Inc (AQA)
    • MDI has higher EPS (0.57 vs -0.024). AQA provides dividends, while MDI does not. AQA has a P/E under 0, indicating MDI (P/E 14.193) is in a better position.
  • Major Drilling Group International Inc (MDI) vs Ascendant Resources Inc (ASND)
    • MDI has higher EPS (0.57 vs -0.03). ASND has a P/E under 0, indicating MDI (P/E 14.193) is in a better position.
  • Major Drilling Group International Inc (MDI) vs Auryn Resources Inc (AUG)
    • MDI has higher EPS (0.57 vs -0.185). AUG provides dividends, while MDI does not. AUG has a P/E under 0, indicating MDI (P/E 14.193) 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 (14.19) than the industry average (19.29), indicating potential undervaluation.
 

How to Buy MDI stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX.If you are looking for some easy options take a look at these two: 
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