NVDA+0.84%AAPL−2.51%GOOGL−1.17%MSFT−2.04%AMZN−0.15%TSM+2.85%SPCX−1.20%AVGO+0.21%
StockVS

TSX · Other Industrial Metals & Mining · CAD

Major Drilling Group International Inc. (MDI.TO) Stock Analysis

Major Drilling Group International Inc. (MDI.TO) is a Other Industrial Metals & Mining stock listed on TSX and quoted in Canadian Dollar.

MDI.TO

CA$16.08

−CA$0.19 (−1.17%)

Sep 4, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare MDI.TO with… →

MDI.TO Key Statistics

As of Sep 4, 2026
Trading
Open
CA$16.04
Previous Close
CA$16.27
Day's Range
15.92–16.21
52-Week Range
9.24–18.70
Volume
157.10K
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.33
Valuation
Market Cap
CA$1.32B
P/E Ratio
50.25
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
14.17
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
27.60
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
1.49
EPS (ttm)Profit attributable to each share over the last twelve months.
0.32
Financials (FY)
Revenue (FY)
CA$889.08M+22.20%
Net Income (FY)
CA$21.38M−17.62%
Profit marginThe share of revenue left as profit after all costs and taxes.
2.40%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
82.24M
1-Year Return
+61.28%
Dividend and dates
Avg Volume
248.31K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

MDI.TO Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+24.65%
2025+57.13%
2024−10.86%
2023−12.45%
2022+27.36%
2021+7.41%
2020+35.63%
2019+23.26%
2018−34.84%
2017+0.57%
2016 (partial year)−6.40%

As of September 4, 2026.

MDI.TO Revenue and Earnings by Fiscal Year

FY ends April
Fiscal yearRevenueNet incomeNet margin
2025CA$889.08MCA$21.38M2.4%
2024CA$727.58MCA$25.96M3.6%
2023CA$706.69MCA$53.09M7.5%
2022CA$735.74MCA$74.92M10.2%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025CA$889.08MCA$139.12MCA$33.71MCA$21.38M2.4%
2024CA$727.58MCA$130.54MCA$39.03MCA$25.96M3.6%
2023CA$706.69MCA$152.72MCA$73.50MCA$53.09M7.5%
2022CA$735.74MCA$176.90MCA$98.59MCA$74.92M10.2%

Annual figures as reported, in the company's reporting currency. As of April 30, 2026.

MDI.TO Valuation vs Other Industrial Metals & Mining Median

Median of 100 stocks
MetricMDI.TOOther Industrial Metals & Mining medianvs median
P/E50.2522.09127% above
P/S ratio1.4913.840.1x the median
Profit margin2.40%0.00%2.4 pts above

Medians across 100 Other Industrial Metals & Mining stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

Major Drilling Group International Inc. (MDI.TO) is capitalised at CA$1.32B on the latest close. It is classified in the Other Industrial Metals & Mining industry, within the Basic Materials sector.

The most recent close on file for MDI.TO is CA$16.08, dated September 4, 2026. That is −CA$0.19 (−1.17%) against the previous close. Over the past 52 weeks the price has ranged from CA$9.24 to CA$18.70. The latest close sits 74.03% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to CA$889.08M. Against the prior fiscal year total of CA$727.58M, that is a change of +22.20%. Net income for the same year was CA$21.38M. That is −17.62% against the prior fiscal year. The reported profit margin is 2.41%. That is 2.4 percentage points above the Other Industrial Metals & Mining median of 0%. Earnings per share on a trailing basis come to 0.32.

Across the 4 fiscal years on file, revenue moves from CA$735.74M in 2022 to CA$889.08M in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 50.25. That is 127.48% above the Other Industrial Metals & Mining median of 22.09. The forward P/E on file is 14.17. The PEG ratio, which sets the P/E against expected earnings growth, reads 27.6. Measured against sales, the shares trade at 1.49 times revenue. On price-to-sales that is 0.1 times the Other Industrial Metals & Mining median of 13.84. 100 Other Industrial Metals & Mining companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 1.33. Daily returns over the trailing 10 years annualize to a volatility of 42.84%. Over the trailing twelve months the price has returned +61.28%. Across 10 years the annualized return works out at +8.22%.

Growth & Income

The record shows no dividend for MDI.TO.

The strongest complete calendar year on file is 2025 at +57.13%; the weakest is 2018 at −34.84%. Of the 9 complete calendar years on file, 6 finished higher. 2026 is still running; the price is +24.65% year to date.

Peer Comparison

Major Drilling Group International Inc. (MDI.TO) operates in the Other Industrial Metals & Mining industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Major Drilling Group International Inc. MDI.TO CA$1.32B 50.3
BHP Group Limited BHP CA$229.80B 24.0
Rio Tinto Group RIO CA$167.95B 13.9
Vale S.A. VALE CA$64.99B 30.5

The Other Industrial Metals & Mining industry average P/E ratio is 22.1x. Major Drilling Group International Inc. trades at a P/E of 50.3.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

Related Other Industrial Metals & Mining Stocks

BHP

BHP Group Limited

$229.80B

 RIO

Rio Tinto Group

$167.95B

 VALE

Vale S.A.

$64.99B

 IVN.TO

Ivanhoe Mines Ltd.

$16.80B

 MP

MP Materials Corp.

$9.71B

 NGEX.TO

NGEx Minerals Ltd.

$5.50B
View all Other Industrial Metals & Mining stocks →

Popular Basic Materials Stocks

LIN

Linde plc

$220.15B

 SCCO

Southern Copper Corporation

$167.82B

 NEM

Newmont Corporation

$134.97B

 FCX

Freeport-McMoRan Inc.

$104.44B

 AEM

Agnico Eagle Mines Limited

$103.67B
View all Basic Materials stocks →

About Major Drilling Group International Inc.

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.

Visit website →