MJDLF Stock Chart & Stats
$9.94
-$0.05(-0.48%)
At close: 4:00 PM EDT
$9.94
-$0.05(-0.48%)
Day’s Range― - ―
52-Week Range$6.68 - $13.56
Previous CloseN/A
Volume4.48K
Average Volume (3M)12.69K
Market Cap
$1.02B
Enterprise Value$1.26K
Total Cash (Recent Filing)$62.63M
Total Debt (Recent Filing)$35.15M
Price to Earnings (P/E)67.9
Beta1.30
Next Earnings
Sep 02, 2026EPS Estimate
0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.26
Shares Outstanding82,236,280
10 Day Avg. Volume13,657
30 Day Avg. Volume12,686
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$15.13Price Target Upside52.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.51
Revenue Forecast (FY)$735.17M
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetDebt of $35.1M against $556.0M equity implies very low leverage, giving Major Drilling financial flexibility to withstand cyclical mining demand and fund equipment or operating needs without relying heavily on new borrowing.
Positive Cash GenerationOperating cash flow remained $81.8M and free cash flow $20.8M, confirming the business still converts operations into cash. This supports ongoing fleet investment and resilience, although the trend requires monitoring.
Revenue Scale And RecoveryRevenue reached $889.1M in 2026, up 5.5%, showing the company retains meaningful operating scale and demand across mining services. A larger revenue base can support utilization and spread fixed costs when activity is sustained.
Bears Say
Structural Margin CompressionThe sharp decline in gross and EBITDA margins indicates weaker profitability per drilling contract or higher operating costs. If persistent, margin compression can reduce earnings quality and limit the benefit of revenue growth.
Lower Profitability And ReturnsFalling net income and a 3.8% return on equity show that the company’s substantial asset base is currently producing weaker shareholder returns. This may constrain internal growth funding and signal ongoing operational challenges.
Weaker Cash ConversionCash conversion has weakened materially despite positive cash flow, with operating cash flow covering a smaller share of reported earnings and free cash flow declining. Persistent working-capital or reinvestment demands could reduce financial flexibility.
Major Drilling News
MJDLF FAQ
What was Major Drilling Group’s price range in the past 12 months?
Major Drilling Group lowest stock price was $6.68 and its highest was $13.56 in the past 12 months.
What is Major Drilling Group’s market cap?
Major Drilling Group’s market cap is $1.02B.
When is Major Drilling Group’s upcoming earnings report date?
Major Drilling Group’s upcoming earnings report date is Sep 02, 2026 which is in 5 days.
How were Major Drilling Group’s earnings last quarter?
Major Drilling Group released its earnings results on Jun 10, 2026. The company reported $0.072 earnings per share for the quarter, beating the consensus estimate of $0.056 by $0.016.
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 pays a Semiannually dividend of $0.015 which represents an annual dividend yield of N/A. See more information on Major Drilling Group dividends here
What is Major Drilling Group’s EPS estimate?
Major Drilling Group’s EPS estimate is 0.12.
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 $0.072 in its last earnings report, beating expectations of $0.056. Following the earnings report the stock price went up 9.388%.
Which hedge fund is a major shareholder of Major Drilling Group?
Currently, no hedge funds are holding shares in MJDLF
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
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4
5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$15.13 (52.22% Upside)
$15.13 (52.22% Upside)
Insider Transactions
Sold Shares
Worth $28.8K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.94%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
6.57%
Trailing 12-Months
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.
MJDLF Stock 12 Month Forecast
Average Price Target
$15.13
▲(52.22% Upside)
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Ownership Overview
0.21% Insiders
10.14% Mutual Funds
0.20% Other Institutional Investors
85.48% Public Companies and
Individual Investors