Major Drilling Group International Inc (TSX:MDI)
C$ 9.55 -0.12 (-1.24%) Market Cap: 781.06 Mil Enterprise Value: 694.02 Mil PE Ratio: 12.34 PB Ratio: 1.59 GF Score: 72/100
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Q1 2020 Major Drilling Group International Inc Earnings Call Transcript

Sep 10, 2019 / 01:00PM GMT
Release Date Price: C$5.5 (+9.34%)
Operator

Good morning, ladies and gentlemen. Welcome to the first quarter 2020 results conference call.

I would now like to turn the meeting over to Denis Larocque, President and CEO. Please go ahead, Mr. Larocque.

Denis Larocque
Major Drilling Group International Inc. - President, CEO & Non-Independent Director

Thank you. Good morning, everyone, and welcome to Major Drilling's conference call for the first quarter of fiscal 2020. With me is Ian Ross, our Chief Financial Officer. You should have received a copy of our results last night. If not, you can go to our website at majordrilling.com.

Before we start, I'd like to draw your attention on the first slide on the picture. The -- what you see on that picture is one of our 2 specialized rigs that we bought this quarter. It is a deep hole with hands-free rod handling. This is one of our -- it went right away to one of our senior customer's site for which we purchased. Should be there for a while. And this is just an example of our financial strength and being able to respond to senior customers'

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