MJDLF (Major Drilling Group International) Beginning Cash Position: $64.5 Mil (As of Apr. 2026)

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MJDLF Major Drilling Group International Inc MJDLF
85 GF Score
Price $9.99
GF Value $8.47
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Major Drilling Group International Beginning Cash Position?

Major Drilling Group International MJDLF -0.40% 85 Beginning Cash Position is $64.5 Mil as of Apr. 2026. GuruFocus rates MJDLF with a GF Score™ of 85/100 and a GF Value™ of $8.47 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Major Drilling Group International's Beginning Cash Position for the quarter that ended in Apr. 2026 was $64.5 Mil.

Major Drilling Group International's quarterly Beginning Cash Position increased from Oct. 2025 ($33.7 Mil) to Jan. 2026 ($47.0 Mil) and increased from Jan. 2026 ($47.0 Mil) to Apr. 2026 ($64.5 Mil).

Major Drilling Group International's annual Beginning Cash Position declined from Apr. 2024 ($69.1 Mil) to Apr. 2025 ($68.8 Mil) and declined from Apr. 2025 ($68.8 Mil) to Apr. 2026 ($33.4 Mil).

Major Drilling Group International Beginning Cash Position Related Terms

Major Drilling Group International Beginning Cash Position Historical Data

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The historical data trend for Major Drilling Group International's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Major Drilling Group International Beginning Cash Position Chart

Major Drilling Group International Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.71 52.85 69.06 68.82 33.44

Major Drilling Group International Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.03 33.59 33.66 46.97 64.45
MJDLF
85GF Score
Major Drilling Group International Inc MJDLF
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Major Drilling Group International Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $64.5 Mil mean?
Major Drilling Group International (MJDLF) has a Beginning Cash Position of $64.5 Mil as of Apr. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Major Drilling Group International and its competitors.
Is Major Drilling Group International's Beginning Cash Position too high?
Major Drilling Group International's current Beginning Cash Position is $64.5 Mil. Overall, Major Drilling Group International has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Major Drilling Group International's Beginning Cash Position compare to competitors?
Major Drilling Group International's Beginning Cash Position of $64.5 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Metals & Mining company?
A good Beginning Cash Position depends on the Metals & Mining industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Major Drilling Group International and its competitors. Major Drilling Group International's current Beginning Cash Position is $64.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Major Drilling Group International stock overvalued right now?
Based on GuruFocus' analysis, Major Drilling Group International (MJDLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $8.47, compared to a current price of $9.99 — trading 17.9% above its estimated fair value. The current Beginning Cash Position is $64.5 Mil. Major Drilling Group International's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Major Drilling Group International (MJDLF), the current Beginning Cash Position is $64.5 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Major Drilling Group International (MJDLF) Overvalued in 2026?

Based on GuruFocus' analysis, Major Drilling Group International stock appears to be overvalued. The current stock price of $9.99 is trading 17.9% above its estimated GF Value™ of $8.47. GuruFocus considers Major Drilling Group International to be Modestly Overvalued.

Key valuation signals for MJDLF:

  • Beginning Cash Position: $64.5 Mil
  • GF Value™: $8.47 vs. price of $9.99 (17.9% above fair value)
  • GF Score™: 85/100 with 4 warning signs

No single metric tells the full story. See the MJDLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Major Drilling Group International Business Description

Other Exchanges 3MJ:GermanyMDI:Canada
Address 111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7
Major Drilling Group International Inc consists of contract drilling for companies mainly involved in mining and mineral exploration. The Company has operations in North America, South America, Australia, Asia, and Africa. Its services are Surface Drilling Services, and Underground Drilling Services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which majority of its revenue comes from South and Central America.
85GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.99
Price
$8.47
GF Value