tiprankstipranks
Major Drilling Posts Mixed Q1 Results Amidst Tech Investments
Company Announcements

Major Drilling Posts Mixed Q1 Results Amidst Tech Investments

Story Highlights

Major Drilling (TSE:MDI) has released an update.

Don't Miss our Black Friday Offers:

Major Drilling reported a 13.1% increase in Q1 2025 revenue over the last quarter, despite a year-over-year decline, with significant investments in AI technology and fleet modernization to strengthen its market position. The company saw solid EBITDA and net earnings, though these figures also decreased compared to the previous year, reflecting a challenging market, especially for junior mining finance.

For further insights into TSE:MDI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskMajor Drilling Acquires South American Specialist
TipRanks Canadian Auto-Generated NewsdeskMajor Drilling Shareholders Approve Board and Auditors
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App