Major Drilling Group International Inc. today reported that it will release its second quarter results, ended October 31, 2020, on Thursday, December 10, 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 webcast/conference call on Friday, December 11, 2020 at 9:00 a.m. Eastern to [...]
Major Drilling Group International Inc. is pleased to announce that all director nominees listed in the management information circular dated July 20, 2020 were elected as directors of Major Drilling in the course of the virtual annual general meeting of shareholders of the Corporation held September 10, 2020. Shareholder participation was high, with the total percentage of shares voted reaching over 82% . Each of the ten [...]
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 2.1 0.03 6.0 0.08 Adjusted gross margin excludes depreciation expenses [...]
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 webcast/conference call on Wednesday, September 9, 2020 at 9:00 a.m. Eastern to [...]
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) Q4 2020 Q4 2019 YTD 2020 YTD 2019 Revenue $88.8 $100.4 $409.1 $384.8 Gross [...]
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 webcast/conference call on Friday, June 5, 2020 at 9:00 a.m. Eastern to [...]
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. Our focus has been to react quickly and effectively to ensure all necessary [...]
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 industry. Established in 1980, the Company maintains field operations and [...]
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 revenue 2.7 3.3 % 2.8 3.5 % 41.1 12.8 % 28.5 10.0 % Net earnings 3.3 earnings [...]
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 webcast/conference call on Friday, February 28, 2020 at 9:00 a.m. Eastern to [...]
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 skilled personnel, specialized equipment and robust safety systems [...]
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 percentage of revenue 16.9% 14.8% 16.1% 12.6% Net earnings 7.3 3.3 13.3 0.8 [...]
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