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  5. MDI: Good afternoon 5i team, What are your views of MDI's latest results? [Major Drilling Group International Inc.]

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Q: Good afternoon 5i team,
What are your views of MDI's latest results? Investors took it positively with the stock up 13.50% on the day.Looking forward to the next 12 to 18 months the company gave a very positive outlook on it's clients signing large deals for it's services.Do you still view the shares as undervalued and would you recommend accumulating?
Many thanks,
Jean
Asked by Jean on June 17, 2025
5i Research Answer:
EPS of 1c missed estimates of 6.5c; revenue of $187.5M slightly beat estimates. EBITDA of $20.5M...
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