Major Drilling Group International Inc…

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Major Drilling Group International Inc (MDI.TO)

15.22

+0.28 (1.87%)

as of Aug 6, 2026, 8:00:00 pm Market Open.

95 watching

Investor Insights

Aug 6, 2026, 12:00 am

This summary was created by AI, based on 2 opinions in the last 12 months.

Major Drilling Group International Inc (MDI-T) is garnering significant attention from experts, keying in on the robust potential within the gold and copper mining sectors, especially given the number of IPOs emerging in these industries. Analysts highlight the company as the largest drilling organization globally, which has strengthened its market position through strategic acquisitions, including two notable companies in Australia and Peru over the past year. The reviews suggest that while the current cycle is extremely volatile, Major Drilling is positioned favorably for long-term growth, with projections indicating a substantial move in its stock value over the next few years. With an analyst price target of $15.84, the sentiment reflects confidence in the stock's future performance, albeit recognizing the 5-year horizon for optimal selling opportunities. Overall, the consensus indicates that Major Drilling's quality assets and market leadership provide a solid foundation for potential gains in an increasingly cyclical resource sector.

Consensus

Positive

Valuation

Undervalued

Similar

SAND, SAND

HOLD

A major leader in drilling. Priced as if there is a lot of good news going forward. On a long-term secular basis, he still likes material and energies. Right now, prices have reached a point where it is hard to find good value.

BUY

Do both hard rock drilling as well as oil. As metal prices continue to be strong, it's a very attractive sector to be in. If you believe in the China story that metal prices will not only stay strong, but strengthen over the next 5 years, then this is an interesting way to play that.

BUY

Has done well. Stock is right above the 200 day moving average. Believes there will be a move to the upside. Would be good if it could clear the $14/15 area which would be a confirmation.

BUY

Not keen on the oil/gas sector, but the drillers should do very well. Any kind of drilling, oil or metals, should do very well over the next few years.

BUY

The largest hard rock (mining) driller in Canada. Business is really good right now with metals being at record levels. Cyclical, so long term could go down. Running full out now and earnings have to be increasing.

DON'T BUY

Pretty scary chart. Easy money's been made. Be careful.

BUY

Great company. Decent mgmt team. Good cash flow. Very ownable.

PAST TOP PICK

(A Top Pick Nov 16/04. Up 6.5%.) Still likes. Thinks it's correcting. A thin trader, so don't go overboard.

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TOP PICK

(A Top Pick Sept 14/04. Up 38%.) Had a huge base from '00 to mid-'03. Had a breakout and dropped down to a huge base during '04, then had a lovely breakout in Sept. Just getting into the 2nd leg. Good for at least 6 months.

TOP PICK

Outlook for commodities should be good for quite a few years. Had a break out and the 1st rally occurred in '03, had a corrective period down but stayed above its previous lows and so is looking for a move up.

WEAK BUY

Should do pretty well in the short term. Long-term, you have to watch the cycle. It's a boom and bust stock. Might be another dollar or two.

Showing 61 to 71 of 71 entries

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Major Drilling Group International Inc (MDI.TO)