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Investment Q&A

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Major Drilling Group International Inc. (MDI $14.17)
- $14.17 P/E (TTM): 77.0X Cap: $1.14B
- View MDI Profile
- View Questions on MDI
Geodrill Limited Ordinary Shares (GEO $4.04)
- $4.04 P/E (TTM): 15.42X Cap: $190M
- View GEO Profile
- View Questions on GEO
Foraco International SA (FAR $2.50)
- $2.50 P/E (TTM): 14.24X Cap: $251M
- View FAR Profile
- View Questions on FAR

Q: Part of Patrik's question, on Dec 12th re MDI, was his query if there was another name in the materials drilling sector you would recommend to move on to. As you didn't mention any other - does that mean your opinion is that MDI is the preferred choice ? If not could you elaborate, including Canada & U.S. ?
Thank you.

Asked by Alexandra on January 07, 2026

5i Research Answer:

MDI would rank higher on our list in the space. There aren't too many peers in the metals drilling space. Foraco (FAR) and Geodrill (GEO) are two other options but are much smaller.

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