Company Major Drilling Group International Inc.

Equities

MDI

CA5609091031

Mining Support Services & Equipment

Market Closed - Toronto S.E. 04:00:00 2024-03-28 pm EDT 5-day change 1st Jan Change
9 CAD +1.69% Intraday chart for Major Drilling Group International Inc. +4.41% -2.28%

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 Million2022Weight2023Weight Delta
Contract Drilling
100.0 %
650 100.0 % 736 100.0 % +13.12%

Sales per region

CAD in Million2022Weight2023Weight Delta
United States
31.8 %
181 27.8 % 234 31.8 % +29.56%
Canada
23.2 %
186 28.6 % 171 23.2 % -8.09%
South and Central America
22.7 %
152 23.3 % 167 22.7 % +9.99%
Australasia and Africa
22.3 %
132 20.3 % 164 22.3 % +24.06%

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 65 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 81,786,486 73,246,571 ( 89.56 %) 0 89.56 %

Shareholders

NameEquities%Valuation
Mill Road Capital Management LLC
10.09 %
8,285,340 10.09 % 48 M $
Royce & Associates LP
7.205 %
5,914,947 7.205 % 34 M $
NCM Asset Management Ltd.
2.849 %
2,339,100 2.849 % 14 M $
Sprott Asset Management USA, Inc.
1.705 %
1,400,000 1.705 % 8 M $
Front Street Investment Management, Inc.
1.090 %
894,690 1.090 % 5 M $
Konwave AG
1.057 %
867,707 1.057 % 5 M $
SEAMARK Asset Management Ltd. (New)
0.8300 %
681,400 0.8300 % 4 M $
Ixios Asset Management SA
0.5942 %
487,800 0.5942 % 3 M $
Rothschild & Co. Asset Management SCS
0.5272 %
432,780 0.5272 % 3 M $
Arrow Capital Management, Inc.
0.5244 %
430,515 0.5244 % 2 M $

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)