3MJ Stock Chart & Stats
€10.60
€0.05(0.57%)
At close: 4:00 PM EDT
€10.60
€0.05(0.57%)
Day’s Range― - ―
52-Week Range€7.05 - €11.40
Previous CloseN/A
Volume0.00
Average Volume (3M)8.00
Market Cap
€745.69M
Enterprise Value€1.13B
Total Cash (Recent Filing)€59.34M
Total Debt (Recent Filing)€39.53M
Price to Earnings (P/E)44.6
Beta0.53
Next Earnings
Dec 03, 2026EPS Estimate
0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.32
Shares Outstanding82,236,280
10 Day Avg. Volume0
30 Day Avg. Volume8
Financial Highlights & Ratios
PEG Ratio-3.21
Price to Book (P/B)2.31
Price to Sales (P/S)1.45
P/FCF Ratio61.77
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.46
Revenue Forecast (FY)€652.19M
Bulls Say, Bears Say
Bulls Say
Low LeverageVery low leverage reduces refinancing risk and preserves financial flexibility through changing mining-investment cycles. The strong asset and equity base gives Major Drilling capacity to maintain operations, fund equipment needs, and respond to customer demand without relying heavily on debt.
Demand And Revenue GrowthRecord revenue and broad-based regional growth indicate that customers are deploying more drilling activity rather than relying on a single geography. Continued demand from senior miners and funded juniors can support fleet utilization and revenue expansion over the next several quarters.
Specialized Services PositionA majority of revenue from specialized services reflects technical capability in increasingly difficult exploration environments. This demand is supported by deeper, remote, and more complex deposits, which can make expertise and specialized equipment more relevant to customers over time.
Bears Say
Margin CompressionProfitability remains positive but is materially below prior-year levels, reducing the earnings benefit of revenue growth. Labor, consumable, training, and ramp-up costs are still pressuring margins, while management expects improvement to trail revenue growth.
Weak Cash ConversionLower conversion of earnings into cash can limit internally funded investment even when reported profits rise. Modest free cash flow relative to earnings suggests that reinvestment or working-capital demands may continue absorbing cash and constrain capital-allocation flexibility.
Experienced Driller ConstraintA shortage of experienced drillers can restrict how quickly rigs are deployed and prevent the company from fully converting strong customer demand into revenue. Expanding training capacity helps address the issue, but the learning curve may sustain productivity and cost pressure in the near term.
Major Drilling News
3MJ FAQ
What was Major Drilling Group’s price range in the past 12 months?
Major Drilling Group lowest stock price was €7.05 and its highest was €11.40 in the past 12 months.
What is Major Drilling Group’s market cap?
Major Drilling Group’s market cap is €745.69M.
When is Major Drilling Group’s upcoming earnings report date?
Major Drilling Group’s upcoming earnings report date is Dec 03, 2026 which is in 37 days.
How were Major Drilling Group’s earnings last quarter?
Major Drilling Group released its earnings results on Sep 02, 2026. The company reported €0.112 earnings per share for the quarter, beating the consensus estimate of €0.103 by €0.009.
Is Major Drilling Group overvalued?
According to Wall Street analysts Major Drilling Group’s price is currently Overvalued.
Does Major Drilling Group pay dividends?
Major Drilling Group does not currently pay dividends.
What is Major Drilling Group’s EPS estimate?
Major Drilling Group’s EPS estimate is 0.15.
How many shares outstanding does Major Drilling Group have?
Major Drilling Group has 82,236,280 shares outstanding.
What happened to Major Drilling Group’s price movement after its last earnings report?
Major Drilling Group reported an EPS of €0.112 in its last earnings report, beating expectations of €0.103. Following the earnings report the stock price went up 4%.
Which hedge fund is a major shareholder of Major Drilling Group?
Currently, no hedge funds are holding shares in DE:3MJ
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Major Drilling Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Bearish
DE:3MJ Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth €5.8K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.46%
12-Months-Change
Fundamentals
Return on Equity
4.61%
Trailing 12-Months
Asset Growth
11.00%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Major Drilling Group
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.
Technical Analysis
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