Major Drilling Group International Inc

MDI.CA

$6.93

Closing

▼-2.06%

1D

▲3.15%

YTD

Market cap

$568.75M

52 week high

$8.00

52 week low

$4.97

Volume

46,274

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Market cap

$568.75M

Analysts' Rating

BUY

Price Target (Mean)

11.99058408

Total Analysts

2

P/E

12.36

Operating Margin

14.90%

Beta

1.66

Revenue Growth (Annual)

-

52 week high

$8.00

52 week low

$4.97

Div. Yield

%

EPS Annual Growth

1.51

Note on Purification and Zakat

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

Major Drilling Group International Inc. is a Canada-based drilling services company primarily serving the mining industry. It provides a complete 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 a variety of mine services. It maintains field operations and offices in Canada, the United States, Mexico, South America, Asia, Africa, and Australia. The Company has two categories of customers: junior exploration companies and a diversified portfolio of senior/intermediate companies, for which the Company provides greenfield exploration drilling and/or drilling at operating mines. The Company has invested in a fleet of digitized mobile underground drills that allow less dependence on client resources, as well as increased ability for automation and versatility.