Major Drilling Group International Inc.

Major Drilling Group International Inc.verified

MJDLF

Price:

$9.71

Market Cap:

$1.11B

Major Drilling Group International Inc. provides contract drilling services for mining and mineral exploration companies. The company offers a suite of drilling services, including surface and underground coring, directional, reverse circulation, sonic, geotechnical, environmental, water-well, coal-bed methane, shallow gas, underground percussive, longhole drilling, surface drill and blast, and related mining services. The company was founded in 1980 and is based in Moncton, Canada with additional offices in Mexico, South America, Asia, Africa, USA, and Australia.

Industry

Industrial Materials

IPO Date

2009-02-13

Stock Exchange

OTC

Ticker

MJDLF

The Current Ratio as of December 2025 (TTM) for Major Drilling Group International Inc. (MJDLF) is 2.52

According to Major Drilling Group International Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.52. This represents a change of -19.30% compared to the average of 3.12 of the last 4 quarters.

Major Drilling Group International Inc. (MJDLF) Historical Current Ratio (quarterly & annually)

How has MJDLF Current Ratio performed in the past?

The mean historical Current Ratio of Major Drilling Group International Inc. over the last ten years is 3.29. The current 2.52 Current Ratio has changed 7.55% with respect to the historical average. Over the past ten years (40 quarters), MJDLF's Current Ratio was at its highest in in the January 2016 quarter at 4.58. The Current Ratio was at its lowest in in the April 2025 quarter at 2.52.

Quarterly (TTM)
Annual

Average

3.29

Median

3.26

Minimum

2.52

Maximum

4.31

Major Drilling Group International Inc. (MJDLF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Major Drilling Group International Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 23.52%

Maximum Annual Current Ratio = 4.31

Minimum Annual Increase = -27.40%

Minimum Annual Current Ratio = 2.52

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.52-25.92%
20243.407.96%
20233.1515.18%
20222.73-7.12%
20212.94-27.40%
20204.0523.52%
20193.281.04%
20183.25-0.85%
20173.27-24.07%
20164.31-0.35%

Major Drilling Group International Inc. (MJDLF) Average Current Ratio

How has MJDLF Current Ratio performed in the past?

The current Current Ratio of Major Drilling Group International Inc. (MJDLF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.02

5-year avg

2.95

10-year avg

3.29

Major Drilling Group International Inc. (MJDLF) Current Ratio vs. Peers

How is MJDLF’s Current Ratio compared to its peers?

Major Drilling Group International Inc.’s Current Ratio is greater than Macmahon Holdings Limited (1.16), greater than CITIC Resources Holdings Limited (1.13), less than China Rare Earth Holdings Limited (17.17), greater than SolGold Plc (2.03), greater than Camrova Resources Inc. (0.00), greater than Ibstock plc (1.24), greater than Nickel Asia Corporation (1.66), less than ISE Chemicals Corporation (3.46), less than Sanyo Chemical Industries Ltd. (2.78), greater than Philex Mining Corporation (0.95),

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