Major Drilling (TSE:MDI) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
