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€5.80 - €11.40
Previous CloseN/A
Volume0.00
Average Volume (3M)33.00
Market Cap
€822.42M
Enterprise Value€1.13K
Total Cash (Recent Filing)€59.34M
Total Debt (Recent Filing)€39.53M
Price to Earnings (P/E)50.3
Beta0.65
Next Earnings
Dec 03, 2026EPS Estimate
0.18Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.32
Shares Outstanding82,236,280
10 Day Avg. Volume100
30 Day Avg. Volume33
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 Target
€13.68Price Target Upside29.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.44
Revenue Forecast (FY)€630.32M
Bulls Say, Bears Say
Bulls Say
Very Low LeverageVery low leverage reduces refinancing exposure and preserves financial flexibility during changes in mining activity. The strong equity base gives Major Drilling room to fund fleet needs, manage cyclical demand, and pursue opportunities without relying heavily on additional borrowing.
Record Revenue And Broad GrowthRecord revenue accompanied by growth across all regions indicates broad customer demand rather than dependence on one geography. Sustained activity from multiple markets can support better fleet utilization, strengthen operating scale, and provide a durable base for future earnings growth.
Specialized Drilling DemandA high contribution from specialized services supports differentiation through technical expertise and equipment capability. Increasingly difficult and remote deposits can sustain demand for these services, potentially supporting pricing, customer relevance, and longer-term competitive positioning.
Bears Say
Material Margin CompressionThe sharp decline in net and operating margins shows that revenue growth has not yet translated proportionately into profitability. Persistent labor, consumable, ramp-up, or mix pressures could limit earnings conversion and reduce returns even if drilling demand remains strong.
Weak Cash ConversionPositive cash generation is being converted less efficiently from accounting earnings, leaving free cash flow modest relative to net income. This can constrain internally funded fleet investment and shareholder returns, while working-capital needs may continue absorbing cash during expansion.
Experienced Driller ConstraintLimited access to experienced drillers can restrict how quickly rigs are deployed and prevent the company from fully capturing strong customer demand. Training expands future capacity, but the current learning curve adds execution risk, productivity drag, and pressure on near-term margins.
3MJ FAQ
What was Major Drilling Group’s price range in the past 12 months?
Major Drilling Group lowest stock price was €5.80 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 €822.42M.
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 87 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 Undervalued.
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 0.18.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
€13.68 (29.08% Upside)
€13.68 (29.08% Upside)
Blogger Sentiment
Bearish
DE:3MJ Sentiment 100%
Sector Average 61%
Sector Average 61%
Insider Transactions
Sold Shares
Worth €24.6K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
61.28%
12-Months-Change
Fundamentals
Return on Equity
―
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.
3MJ Stock 12 Month Forecast
Average Price Target
€13.68
▲(29.08% Upside)
Technical Analysis
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