
Major Drilling Group International Inc
TSX:MDI

Gross Margin
Major Drilling Group International Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
CA |
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Major Drilling Group International Inc
TSX:MDI
|
759.5m CAD |
18%
|
|
AU |
![]() |
BHP Group Ltd
ASX:BHP
|
207B AUD |
0%
|
|
AU |
![]() |
Rio Tinto Ltd
ASX:RIO
|
192.9B AUD |
66%
|
|
UK |
![]() |
Rio Tinto PLC
LSE:RIO
|
76B GBP |
48%
|
|
CH |
![]() |
Glencore PLC
LSE:GLEN
|
38.7B GBP |
3%
|
|
MX |
![]() |
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
922.1B MXN |
46%
|
|
SA |
![]() |
Saudi Arabian Mining Company SJSC
SAU:1211
|
154.3B SAR |
28%
|
|
ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
38.3B Zac |
1%
|
|
UK |
![]() |
Anglo American PLC
LSE:AAL
|
27B GBP |
46%
|
|
CN |
![]() |
CMOC Group Ltd
SSE:603993
|
198.9B CNY |
17%
|
|
CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
23.8B USD |
17%
|
Major Drilling Group International Inc
Glance View
Major Drilling Group International, Inc. engages in the provision of water and mineral exploration drilling services. The company is headquartered in Moncton, New Brunswick and currently employs 3,825 full-time employees. The firm operates through three geographical segments: Canada - U.S.; South and Central America, and Asia and Africa. The firm is primarily engaged in the mining industry. The firm provides a range 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 a variety of mine services. The firm has two categories of customers: junior exploration companies and a diversified portfolio of senior/intermediate companies, for which the Company provides greenfield exploration drilling and/or drilling at operating mines. The firm also has an investment in a fleet of digitized mobile underground drills that allow less dependence on client resources as well as increased ability for automation and versatility.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Major Drilling Group International Inc's most recent financial statements, the company has Gross Margin of 17.9%.