Major Drilling Group International (TSX:MDI) Market Cap : C$811.3 Mil (As of Apr. 27, 2024)

View and export this data going back to 1995. Start your Free Trial

What is Major Drilling Group International Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Major Drilling Group International's share price for the quarter that ended in Oct. 2023 was C$7.34. Major Drilling Group International's Shares Outstanding (EOP) for the quarter that ended in Oct. 2023 was 82.1 Mil. Therefore, Major Drilling Group International's market cap for the quarter that ended in Oct. 2023 was C$602.6 Mil.

Major Drilling Group International's quarterly market cap declined from Apr. 2023 (C$867.6 Mil) to Jul. 2023 (C$788.9 Mil) and declined from Jul. 2023 (C$788.9 Mil) to Oct. 2023 (C$602.6 Mil).

Major Drilling Group International's annual market cap increased from Apr. 2021 (C$563.0 Mil) to Apr. 2022 (C$960.2 Mil) but then declined from Apr. 2022 (C$960.2 Mil) to Apr. 2023 (C$867.6 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Major Drilling Group International's Enterprise Value for Today is C$724.3 Mil.

Major Drilling Group International Market Cap Historical Data

The historical data trend for Major Drilling Group International's Market Cap 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.

* Premium members only.

Major Drilling Group International Market Cap Chart

Major Drilling Group International Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Market Cap

Get a 7-Day Free Trial

330.84

286.25

562.98

960.22

867.64

Major Drilling Group International Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Market Cap	Get a 7-Day Free Trial															915.38	867.64	788.94	602.57	678.78

Competitive Comparison of Major Drilling Group International's Market Cap

For the Other Industrial Metals & Mining subindustry, Major Drilling Group International's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Major Drilling Group International's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Major Drilling Group International's Market Cap distribution charts can be found below:

* The bar in red indicates where Major Drilling Group International's Market Cap falls into.

Major Drilling Group International Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Major Drilling Group International's Market Cap for the fiscal year that ended in Apr. 2023 is calculated as

Market Cap (A: Apr. 2023 )	=	Share Price (A: Apr. 2023 )	*	Shares Outstanding (EOP) (A: Apr. 2023 )
	=	C$10.45	*	83.0281
	=	C$867.6

Major Drilling Group International's Market Cap for the quarter that ended in Oct. 2023 is calculated as

Market Cap (Q: Oct. 2023 )	=	Share Price (Q: Oct. 2023 )	*	Shares Outstanding (EOP) (Q: Oct. 2023 )
	=	C$7.34	*	82.0935
	=	C$602.6

Major Drilling Group International (TSX:MDI) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Major Drilling Group International Market Cap Related Terms

Thank you for viewing the detailed overview of Major Drilling Group International's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.

Major Drilling Group International (TSX:MDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Major Drilling Group International Inc (TSX:MDI) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

MJDLF:USA 3MJ:Germany

Address

111 St. George Street, Suite 100, Moncton, NB, CAN, E1C 1T7

Website

https://www.majordrilling.com

Major Drilling Group International Inc is engaged in the business of contract drilling, and it provides services to companies that are involved in mining and mineral exploration. It offers surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, and underground percussive/long-hole drilling services, as well as various drilling-related mine services. Its geographical segments are Canada - the United States; South and Central America; and Australasia and Africa, of which most of its revenue comes from Canada - the United States.

Major Drilling Group International (TSX:MDI) Headlines

No Headlines