---
title: "MDI.TO stock: Major Drilling Group International Inc. price, chart, valuation | ANALITICA}"
description: "Up 22.5% over the past year; the S&P/TSX Composite rose 20.0%. Market cap $1.24B; average daily dollar volume $2.4M over the past 3 months — High liquidity."
canonical: https://analiti.ca/t/MDI.TO/
---

# Major Drilling Group International Inc. (MDI.TO)

TSX: MDI · TSX · Basic Materials

Last close 15.12 (Nov 12, 2026), -0.230 (-1.5%). Market cap $1.24B.
52-week range 11.80 to 18.40.

## At a glance

- Up 22.5% over the past year; the S&P/TSX Composite rose 20.0%.
- P/E 47.2 — lower than 7% of Basic Materials peers (177 companies).
- Market cap $1.24B; average daily dollar volume $2.4M over the past 3 months — High liquidity.
- Latest published plan: SHORT on 2026-10-15 at $15.28 — still open.
- 1-year volatility 43.1% (annualized); largest fall from a peak over the past year -26.1%.

## Performance

| Period | Stock | Sector fund | Composite | Difference vs Composite |
| --- | ---: | ---: | ---: | ---: |
| 1W | +2.3% | -1.3% | +1.8% | +0.5% |
| 1M | -8.2% | -8.3% | +2.8% | -11.0% |
| 3M | -8.9% | -8.1% | -0.1% | -8.8% |
| 6M | -11.7% | -11.9% | +9.4% | -21.1% |
| YTD | +17.2% | +1.8% | +16.1% | +1.1% |
| 1Y | +22.5% | +13.6% | +20.0% | +2.5% |
| 3Y | — | +37.4% | +22.0% | — |
| 5Y | — | +17.8% | +10.5% | — |

3Y and 5Y are annualized. The Composite is proxied by XIU.TO.

## Risk and trading

- 1-year volatility (annualized): +43.1%
- Largest fall from a peak (1Y): -26.1% (Mar 2, 2026 to Jul 29, 2026)
- Beta (2Y weekly, vs Composite): 1.87
- Average daily volume (3M): 147,053
- Average daily dollar volume (3M): $2.4M
- Liquidity: High (High: $1M or more a day; Moderate: $100K or more; Low: under $100K.)

## Valuation

Valuation multiples are from the Nov 12, 2026 snapshot.

| Multiple | Value | Against sector peers |
| --- | ---: | --- |
| P/E (TTM) | 47.3 | Lower than 7% of peers (177 companies; median 11.3) |
| Earnings yield | 2.12% | — |
| P/B | 2.14 | Lower than 37% of peers (204 companies; median 1.7) |
| P/S | — | — |
| EV/EBITDA | 11.6 | Lower than 22% of peers (174 companies; median 5.7) |
| Dividend yield | 0.00% | — |
| Payout ratio | — | — |

## Financials

Reporting currency: CAD.

|  | 2023 | 2024 | 2025 | 2026 | TTM |
| --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $735.7M | $706.7M | $727.6M | $889.1M | $939.8M |
| Gross margin | 24.0% | 21.6% | 17.9% | 15.6% | — |
| Net income | $74.9M | $53.1M | $26.0M | $21.4M | $25.8M |
| Free cash flow | $54.5M | $38.5M | $28.4M | $20.8M | $18.5M |
| Diluted shares | 83,028,129 | 81,793,486 | 81,845,086 | 82,236,286 | — |

## Dividends and splits

Trailing dividend yield: 0.00% (snapshot Nov 12, 2026). Dividend history is not stored yet.

- No splits on record.

## Ownership and dilution

- Insider buys (90 days): 0
- Insider sells (90 days): 0
- Shares outstanding change (1Y): +0.5%
- Shares outstanding change (3Y): -1.0%
- Held by insiders: 0.22%
- Held by institutions: 51.78%

## Peers

- [AEM.TO](https://analiti.ca/t/AEM.TO/): 254.28, 1Y +8.2%, market cap $128.55B, P/E 14.9, EV/EBITDA 12.4, dividend yield 0.96%, 1Y volatility +49.2%
- [ABX.TO](https://analiti.ca/t/ABX.TO/): 53.96, 1Y +7.5%, market cap $87.88B, P/E 9.9, EV/EBITDA 7.2, dividend yield 1.78%, 1Y volatility +47.0%
- [WPM.TO](https://analiti.ca/t/WPM.TO/): 187.96, 1Y +28.9%, market cap $85.37B, P/E 29.4, EV/EBITDA 29.7, dividend yield 0.57%, 1Y volatility +52.1%
- [FNV.TO](https://analiti.ca/t/FNV.TO/): 352.89, 1Y +29.6%, market cap $68.06B, P/E 33.4, EV/EBITDA 32.2, dividend yield 0.70%, 1Y volatility +39.3%
- [NTR.TO](https://analiti.ca/t/NTR.TO/): 101.50, 1Y +22.1%, market cap $48.12B, P/E 16.0, EV/EBITDA 11.1, dividend yield 3.06%, 1Y volatility +31.8%
- [TECK-A.TO](https://analiti.ca/t/TECK-A.TO/): 87.28, 1Y +44.6%, market cap $42.85B, P/E 11.3, EV/EBITDA 6.2, dividend yield 0.55%, 1Y volatility +48.8%
- [TECK-B.TO](https://analiti.ca/t/TECK-B.TO/): 87.23, 1Y +45.0%, market cap $42.83B, P/E 11.3, EV/EBITDA 6.2, dividend yield 0.55%, 1Y volatility +47.4%
- [K.TO](https://analiti.ca/t/K.TO/): 29.53, 1Y -16.8%, market cap $34.79B, P/E 8.1, EV/EBITDA 6.4, dividend yield 0.74%, 1Y volatility +53.7%

## analiti.ca history

7 published plans: 0 wins, 5 losses, 2 open; average -0.93% per resolved plan (full ladder).

- 2026-09-25 LONG: entry 17.26, stop 16.39, first exit 17.84 — full ladder LOSS (-2.84%); first exit SCRATCH (-2.84%). Day page: https://analiti.ca/day/2026-09-25
- 2026-09-28 LONG: entry 16.92, stop 16.00, first exit 17.53 — full ladder LOSS (-1.24%); first exit SCRATCH (-1.24%). Day page: https://analiti.ca/day/2026-09-28
- 2026-09-29 LONG: entry 16.98, stop 16.10, first exit 17.57 — full ladder LOSS (-5.18%); first exit LOSS (-5.18%). Day page: https://analiti.ca/day/2026-09-29
- 2026-10-02 LONG: entry 17.08, stop 16.23, first exit 17.65 — full ladder LOSS (-4.98%); first exit LOSS (-4.98%). Day page: https://analiti.ca/day/2026-10-02
- 2026-10-08 LONG: entry 15.99, stop 15.14, first exit 16.55 — full ladder LOSS (-1.00%); first exit WIN (3.50%). Day page: https://analiti.ca/day/2026-10-08
- 2026-10-14 SHORT: entry 15.35, stop 16.27, first exit 14.74 — full ladder OPEN (4.44%); first exit WIN (3.97%). Day page: https://analiti.ca/day/2026-10-14
- 2026-10-15 SHORT: entry 15.28, stop 16.19, first exit 14.67 — full ladder OPEN (4.29%); first exit WIN (3.99%). Day page: https://analiti.ca/day/2026-10-15

Superstock score: 0.0 (Oct 15, 2026). Sector condition: Basic Materials — Lagging (as of Nov 5, 2026).

## Key dates

- Next earnings: not available — no company release or exchange notice in the stored data
- Last earnings: not available
- Next ex-dividend: not available

## Sources and data notes

- prices, chart, performance, risk: daily_prices (Yahoo) (as of Nov 12, 2026)
- valuation, market cap, ownership: yahoo_key_stats snapshot (as of Nov 12, 2026)
- financials: financials (Yahoo) (as of Jul 31, 2026)
- plans, resolutions: published entries-*.json + track-record.json (as of Nov 12, 2026)
- insiders: insider_trades (SEDI filings) (as of Nov 12, 2026)
- splits: Split inventory (interim table) (as of Nov 5, 2026)
- sector condition: conditions-2026-11-05.json (as of Nov 5, 2026)
- Superstock score: superstock_checks + superstock.json (as of Nov 12, 2026)

Not available rules: a field older than its freshness limit shows "not available", never a stale number — prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days.

Data file: https://analiti.ca/data/t/MDI.TO.json

Facts and published history only. Plans are generated by a quant model.