Risk factor
Considerable default risk
Profitability factor
Favourable analyst view
About
Major Drilling Group International Inc. delivers expert contract drilling services specifically tailored for mining and mineral exploration enterprises. Their extensive service portfolio encompasses a diverse array of drilling methodologies, such as surface and subterranean core extraction, precision directional drilling, reverse circulation, sonic drilling, and specialized applications including geotechnical, environmental, and water-well drilling. They also perform operations for coal-bed methane and shallow gas, underground percussive and long-hole drilling, surface drill-and-blast work, and various other related mining support functions. Founded in 1980, this company is based in Moncton, Canada, and maintains a broad international presence with offices located across Mexico, South America, Asia, Africa, the United States, and Australia.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, neutral on EV/EBITDA, overpr
Target Price
The average target price of MDI.TO is 20.0 and suggests 22.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in