Major Drilling Group International (MDI.TO)

Major Drilling Group International stock price today, ATLAS forecast and fair value

Basic Materials · Other Industrial Metals & Mining · Toronto Stock Exchange · Canada

CA$15.32▲ +6.54%

Prices as of Oct 27, 2026 · CAD

ATLAS fair value

CA$9.26

Above fair value · 66% premium

Chance of rising in 1 month

49%

that it ends higher than today in 21 sessions

0%coin flip 50%100%

This is just the summary. See everything on Major Drilling Group International in ATLAS

ATLAS's own quantitative analysis, all in one place.

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
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  • Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
  • NewsThe latest on the company, in one place.
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On Major Drilling Group International

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
  • Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
  • NewsThe latest on the company, in one place.

And for you

  • ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
  • AlertsWe let you know when something changes in your stocks.
  • Crisis simulatorHow your portfolio would do in a crash like 2008.
  • Practice risk-free$10,000 in virtual money to invest at real prices.
  • Global screenerSearch US stocks and stocks from 47 countries with filters.
Get started →

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%.

Price, last 12 months (weekly close)

Major Drilling Group International (MDI.TO) — Price, last 12 months (weekly close)Oct 24, 2025: CA$13.01. Oct 27, 2026: CA$15.32. ▲Fair value CA$9.26CA$18.22CA$11.53Oct 24, 2025Oct 27, 2026

Key numbers

Market cap
CA$1.3B
Market cap (USD)
$890M
P/E ratio
46.6
52-week high
CA$18.70
52-week low
CA$11.32
Revenue (12 months)
CA$940M
Gross margin
15.8%
Operating margin
7.3%
Net margin
2.7%
Beta
1.41

What this means

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.

About the company

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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Comparable companies

Other companies in the same line of business:

Frequently asked questions

What is Major Drilling Group International (MDI.TO) fair value?

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.

What is the chance MDI.TO goes up next month?

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.

How big is Major Drilling Group International and what is its P/E ratio?

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.

How volatile is MDI.TO?

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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