Corporate News – Major Drilling (MDI.TO)

Major Drilling Group International Inc. (MDI.TO) closed the trading session on Thursday, 22 April 2026, at 11:50 PM Central Europe with a decline of 0.67 %. The share price was CAD 14.29, and the volume traded over the last 24 hours was approximately CAD 1.2 million.

  • Current market capitalisation: CAD 1.2 billion
  • Total shares outstanding: 82.4 million
  • Price change over the last month: –14.7 %

The 200‑day simple moving average is CAD 16.05. Within the last 52 weeks, the highest price reached CAD 18.70 on 15 June 2026, while the lowest price fell to CAD 11.33 on 7 November 2025.


TickerPrice (CAD)% ChangeMarket Capitalisation (CAD)P/E Ratio
LIF.TO20.89–0.42 %1.4 bn17.65
DFN.TO8.62+1.64 %1.4 bn2.24
CF.TO13.62+0.45 %1.4 bn–
MER.TO2.110 %1.4 bn–
OM.TO1.47–1.24 %1.4 bn–

Canaccord Genuity (CF.TO) disclosed routine market‑abuse and transaction reports on the London Stock Exchange, including its role as a nominee adviser and joint broker for several companies. No significant price movement or strategic changes were noted.

Osisko Metals (OM.TO) announced a planned issuance of common shares to acquire five royalty agreements and two prospective royalty rights. The transaction is financed through new share issuance at a price based on the closing market value. No debt or convertible instruments are involved, and control of the firm will remain unchanged.


Company Overview

Major Drilling Group International Inc. is a contract drilling company listed on the Toronto Stock Exchange. The firm specializes in directional, environmental, and geotechnical drilling operations worldwide. In addition, it manufactures drilling equipment and support tools. Major Drilling’s initial public offering was on 10 March 1995. For more information, visit www.majordrilling.com .