ATLAS fair value
CA$9.26
Above fair value · 66% premium
Major Drilling Group International stock price today, ATLAS forecast and fair value
Basic Materials · Other Industrial Metals & Mining · Toronto Stock Exchange · Canada
Prices as of Oct 27, 2026 · CAD
CA$9.26
Above fair value · 66% premium
49%
that it ends higher than today in 21 sessions
ATLAS's own quantitative analysis, all in one place.
Plans from €3.99 a month.
ATLAS estimates Major Drilling Group International's fair value at about CA$9.26 per share (reasonable range: CA$8.19 to CA$14.20). At CA$15.32, the stock trades 66% above it.
It is calculated with a blend of a discounted cash-flow model and peer valuation multiples. Confidence in the estimate is high. It is an estimate, not a promise: if the company's results change, so does its fair value.
ATLAS's model gives Major Drilling Group International a 49% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.
In half of the simulated outcomes the price ends between CA$14.23 and CA$16.45; in 9 out of 10, between CA$12.51 and CA$18.70. Estimated annual volatility is 42%.
These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Major Drilling Group International sits above fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.
Over the last 52 weeks MDI.TO has traded between CA$11.32 and CA$18.70. Today it is 18.1% below that high and 35% above its low.
On the business: net margin is 2.7%; it trades at 46.6 times earnings.
Its beta is 1.41: it tends to move more than the market, both up and down.
Major Drilling Group International Inc. provides contract drilling services to mining and mineral exploration companies in the United States, Canada, North America, South and Central America, Australasia, and Africa.
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Other companies in the same line of business:
About CA$9.26 per share according to ATLAS (reasonable range: CA$8.19 to CA$14.20). With the stock at CA$15.32, it is 66% above it.
49%: close to a coin flip. In half of the simulated outcomes, MDI.TO ends the month between CA$14.23 and CA$16.45.
Major Drilling Group International's market capitalization is CA$1.3B. Its price-to-earnings (P/E) ratio is 46.6: you pay CA$46.6 for each CA$1.00 of yearly earnings.
ATLAS estimates annual volatility at 42%. In a typical month, half of the outcomes end between CA$14.23 and CA$16.45.
Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer
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