Major Drilling Group International Inc. today reported results for its first quarter of fiscal year 2021, ended July 31, 2020. Highlights In millions of Canadian dollars Q1 2021 Q1 2020 Revenue $89.4 $117.5 Gross margin 16.9 % 18.2 % Adjusted gross margin 27.8 % 26.1 % EBITDA As percentage of revenue 13.9 15.5 % 18.0 15.3 % Net earnings Per share [...]
Major Drilling Group International Inc. today reported that it will release its first quarter results, ended July 31, 2020, on Tuesday, September 8, 2020 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and Ian Ross, Chief Financial Officer, invite you to participate in a [...]
Major Drilling Group International Inc. today reported results for the year and fourth quarter of fiscal year 2020, ended April 30, 2020. Note: the presentation of certain items, including gross margin, have been modified. Please refer to “Non-IFRS Financial Measures” for more details. Highlights In millions of Canadian dollars earnings per share [...]
Major Drilling Group International Inc. today reported that it will release its fourth quarter and year-end results, ended April 30, 2020, on Thursday, June 4, 2020 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and Ian Ross, Chief Financial Officer, invite you to participate in a [...]
Major Drilling Group International Inc. reports: The impact of COVID-19 is being felt around the world and as a company we are committed to playing a role in helping get through these difficult times. The health and well-being of our employees and their families, as well as the communities we operate in, is paramount and remains our top priority [...]
Denis Larocque, President & CEO, Major Drilling Group International Inc. , joined Michael Kousaie, Vice-President, Strategy and Product Innovation, Toronto Stock Exchange and TSX Venture Exchange, to open the market to celebrate 25 years listed on Toronto Stock Exchange. Major Drilling is a drilling services company primarily serving the mining [...]
Major Drilling Group International Inc. today reported results for its third quarter of fiscal year 2020, ended January 31, 2020. Highlights In millions of Canadian dollars Q3-20 Q3-19 YTD-20 YTD-19 Revenue $ 81.7 $ 80.4 $ 320.4 $ 284.4 Gross profit As percentage of revenue 14.4 17.6 % 15.6 19.4 % 79.1 24.7 % 68.0 23.9 % EBITDA As percentage of [...]
Major Drilling Group International Inc. today reported that it will release its third quarter results, ended January 31, 2020, on Thursday, February 27, 2020 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and Ian Ross, Chief Financial Officer, invite you to participate in a [...]
Major Drilling Group International Inc. is pleased to announce the achievement of longest diamond drill hole in Canada at the Osisko Mining Inc. Discover 1 project. The final length of Discovery 1 was 3467 metres. Over the years, the Company has positioned itself as one of the largest specialized drilling operators in the world, by leveraging its [...]
Major Drilling Group International Inc. today reported results for its second quarter of fiscal year 2020, ended October 31, 2019. Highlights In millions of Canadian dollars Q2-20 Q2-19 YTD-20 YTD-19 Revenue $121.2 $105.5 $238.6 $204.0 Gross profit 34.0 28.9 64.7 52.3 As percentage of revenue 28.1% 27.4% 27.1% 25.7% EBITDA 20.5 15.6 38.4 25.7 As [...]
Major Drilling Group International Inc. today reported that it will release its second quarter results, ended October 31, 2019, on Wednesday, December 4, 2019 after the markets have closed. Webcast/Conference Call Details Denis Larocque, President & Chief Executive Officer, and Ian Ross, Chief Financial Officer, invite you to participate in a [...]
Major Drilling Group International Inc. is pleased to announce the closing of the previously announced acquisition of all of the issued and outstanding shares of privately-held Norex Drilling Limited , a family-owned drilling company and a leading exploration drilling contractor based in Timmins, Ontario, Canada. The transaction was completed by [...]
