Is Major Drilling Group stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Major Drilling Group pays dividends. Last time was Monday 2nd of November 2015 where the investors holding the stock on Wednesday 7th of October 2015 were paid $0.02 per share. Over the last 15 times between 2008 and 2015, Major Drilling Group has paid $1.79933 with an average of $0.12 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Major Drilling Group 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $5.03, you would have made a profit of $2.59 per share or 51.49%
No, the average daily trading liquidity for Major Drilling Group is $76 566 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Major Drilling Group has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 80.31, the company's ability to pay off the debt is good. Major Drilling Group has a good net profit margin of 7.51% and should have high tolerances against inflation.
We have calculated the inflation risk for Major Drilling Group to be low [0.1 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.