Analysts See $-0.08 EPS for Major Drilling Group Int’l Inc. (MDI)

November 15, 2017 - By Marie Mckinney

 Analysts See $ 0.08 EPS for Major Drilling Group Int'l Inc. (MDI)

Wall Street await Major Drilling Group Int’l Inc. (TSE:MDI) to release earnings on December, 6. Analysts forecast earnings per share of $-0.08, up exactly $0.04 or 33.33 % from 2014’s $-0.12 EPS. After posting $-0.09 EPS for the previous quarter, Major Drilling Group Int’l Inc.’s analysts now forecast -11.11 % EPS growth. The stock decreased 2.05% or $0.14 on November 14, reaching $6.68. About 52,692 shares traded. Major Drilling Group Int’l Inc. (TSE:MDI) has 0.00% since November 15, 2016 and is . It has underperformed by 16.70% the S&P500.

Major Drilling Group Int’l Inc. (TSE:MDI) Ratings Coverage

Among 3 analysts covering Major Drilling Group (TSE:MDI), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Major Drilling Group had 10 analyst reports since September 14, 2015 according to SRatingsIntel. The stock has “Sector Perform” rating by RBC Capital Markets on Monday, December 5. On Friday, September 8 the stock rating was downgraded by TD Securities to “Hold”. On Friday, June 10 the stock rating was upgraded by TD Securities to “Buy”. The firm has “Buy” rating given on Wednesday, June 7 by Paradigm Research. The company was maintained on Friday, December 9 by TD Securities. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, November 30.

Major Drilling Group International Inc. is a drilling services company. The company has market cap of $536.40 million. The Firm is engaged in the business of contract drilling for companies primarily involved in mining and mineral exploration. It currently has negative earnings. The Firm operates through three geographical divisions, which include Canada – U.S., South and Central America, and Asia and Africa.

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