Major Drilling Group International Inc.

Major Drilling Group International Inc.verified

MDI.TO

Price:

$8.1

Market Cap:

$662.91M

Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies. The company offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, surface drill and blast, and related mining services. The company was founded in 1980 and is based in Moncton, Canada with additional offices in Mexico, South America, Asia, Africa, USA, and Australia.[Read more]

Industry

Industrial Materials

IPO Date

1996-08-13

Stock Exchange

TSX

Ticker

MDI.TO

The ROE as of September 2024 (TTM) for Major Drilling Group International Inc. (MDI.TO) is 9.56%

According to Major Drilling Group International Inc.’s latest financial reports and current stock price. The company's current ROE is 9.56%. This represents a change of 304.83% compared to the average of 2.36% of the last 4 quarters.

Major Drilling Group International Inc. (MDI.TO) Historical ROE (quarterly & annually)

How has MDI.TO ROE performed in the past?

The mean historical ROE of Major Drilling Group International Inc. over the last ten years is -2.08%. The current 9.56% ROE has changed -559.26% with respect to the historical average. Over the past ten years (40 quarters), MDI.TO's ROE was at its highest in in the July 2022 quarter at 6.38%. The ROE was at its lowest in in the April 2020 quarter at -25.02%.

Quarterly (TTM)
Annual

Average

-2.08%

Median

-5.51%

Minimum

-23.89%

Maximum

16.55%

Major Drilling Group International Inc. (MDI.TO) ROE by Quarter and Year

Discovering the peaks and valleys of Major Drilling Group International Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 379.53%

Maximum Annual ROE = 16.55%

Minimum Annual Increase = -114.99%

Minimum Annual ROE = -23.89%

Quarterly (TTM)
Annual
YearROEChange
202410.75%-35.07%
202316.55%11.41%
202214.86%314.90%
20213.58%-114.99%
2020-23.89%379.53%
2019-4.98%-17.37%
2018-6.03%-41.27%
2017-10.27%-3.40%
2016-10.63%-1.29%
2015-10.77%-5.72%

Major Drilling Group International Inc. (MDI.TO) Average ROE

How has MDI.TO ROE performed in the past?

The current ROE of Major Drilling Group International Inc. (MDI.TO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

14.05%

5-year avg

4.37%

10-year avg

-2.08%

Major Drilling Group International Inc. (MDI.TO) ROE vs. Peers

How is MDI.TO’s ROE compared to its peers?

Major Drilling Group International Inc.’s ROE is less than Pason Systems Inc. (26.38%), less than Hudbay Minerals Inc. (3.74%), less than Ensign Energy Services Inc. (1.59%), less than Precision Drilling Corporation (14.37%), less than Trican Well Service Ltd. (23.74%),

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