Major Drilling’s revenue is rocketing

Major Drilling’s revenue is rocketing

Improved business in North, Central and South America led to an 68.9% jump in revenue for this company during the quarter ended July 31, 2021.

A new acquisition should further boost the company’s presence and earnings in Western Australia.

The stock trades at 18.1 times the company’s… Read More

These buys come with solid prospects

Long-time readers know that we keep you informed of important news about the stocks we cover. That means highlighting developments or strategies that promise to brighten your prospects. Here are two buys that stand out this month:
MAJOR DRILLING, $9.40, is a buy. This large contract driller… Read More

Major is building on its 305% gain

MAJOR DRILLING, $9.16 (Toronto symbol MDI; TSINetwork Rating: Speculative) (www.majordrilling.com; Shares o/s: 82.0 million; Market cap: $805.4 million; No divd.) is a large contract driller that mainly serves the mining industry.
Demand for Major Drilling’s specialized drilling services, especially from senior gold producers, is beginning to… Read More

Major Drilling rises along with gold

MAJOR DRILLING $7.57 (Toronto symbol MDI; TSINetwork Rating: Speculative) (www.majordrilling.com; Shares outstanding: 80.6 million; Market cap: $627.4 million; No dividends paid) is a large contract driller that mainly serves the mining industry.
Demand for Major’s specialized drilling services, especially from senior gold producers, is beginning to recover. That has pushed… Read More