Company Major Drilling Group International Inc.

Equities

MDI

CA5609091031

Mining Support Services & Equipment

Market Closed - Toronto S.E. 04:00:00 2024-07-17 pm EDT 5-day change 1st Jan Change
9.52 CAD -1.65% Intraday chart for Major Drilling Group International Inc. +6.25% +3.37%

Business Summary

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.

Number of employees: 2,500

Sales per Business

CAD in Million2023Weight2024Weight Delta
Contract Drilling
100.0 %
736 100.0 % 707 100.0 % -3.95%

Sales per region

CAD in Million2023Weight2024Weight Delta
United States
30.4 %
234 31.8 % 215 30.4 % -8.38%
South and Central America
26.5 %
167 22.7 % 187 26.5 % +12.38%
Australasia and Africa
24.7 %
164 22.3 % 174 24.7 % +6.36%
Canada
18.4 %
171 23.2 % 130 18.4 % -23.70%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 94-08-31
Director of Finance/CFO - 10-12-31
Chief Operating Officer - -
Chief Tech/Sci/R&D Officer - 04-12-31
Corporate Officer/Principal - 13-12-31
Corporate Officer/Principal - -
General Counsel - 14-12-31
Human Resources Officer - 06-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 10-09-08
Director/Board Member 61 07-08-31
Chief Executive Officer 54 94-08-31
Director/Board Member 59 22-08-31
Director/Board Member 60 19-12-03
Chairman 51 19-09-11
Director/Board Member 60 20-09-09
Director/Board Member 48 17-12-31
Director/Board Member 49 23-03-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 81,837,986 73,294,213 ( 89.56 %) 0 89.56 %

Shareholders

NameEquities%Valuation
Mill Road Capital Management LLC
10.13 %
8,285,340 10.13 % 55 M $
Royce & Associates LP
7.231 %
5,914,947 7.231 % 39 M $
Sprott Asset Management USA, Inc.
1.834 %
1,500,000 1.834 % 10 M $
NCM Asset Management Ltd.
0.6743 %
551,600 0.6743 % 4 M $
Ixios Asset Management SA
0.5963 %
487,800 0.5963 % 3 M $
Konwave AG
0.5789 %
473,573 0.5789 % 3 M $
ATB Investment Management, Inc.
0.4523 %
370,000 0.4523 % 2 M $
Arrow Capital Management, Inc.
0.2940 %
240,515 0.2940 % 2 M $
Franklin Bissett Investment Management
0.2452 %
200,612 0.2452 % 1 M $
Pengana Capital Ltd.
0.1424 %
116,500 0.1424 % 773 560 $

Company contact information

Major Drilling Group International, Inc.

111 St. George Street Suite 100

E1C 1T7, Moncton

+506-857-8636

http://www.majordrilling.com
address Major Drilling Group International Inc.(MDI)
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