Geodrill (GEO) to Release Quarterly Earnings on Monday

Geodrill (TSE:GEO) will be announcing its earnings results before the market opens on Monday, May 13th.

Geodrill (TSE:GEO) last posted its quarterly earnings results on Monday, March 4th. The company reported C($0.04) earnings per share (EPS) for the quarter. Geodrill had a return on equity of 3.47% and a net margin of 2.99%. The business had revenue of C$40.93 million during the quarter.

Geodrill Price Performance

Shares of TSE:GEO opened at C$2.11 on Monday. The company has a debt-to-equity ratio of 11.48, a quick ratio of 1.56 and a current ratio of 2.38. The company has a market capitalization of C$99.00 million, a PE ratio of 19.18, a price-to-earnings-growth ratio of 0.04 and a beta of 0.88. The stock has a fifty day moving average of C$1.96 and a 200-day moving average of C$1.86. Geodrill has a one year low of C$1.52 and a one year high of C$3.45.

Wall Street Analyst Weigh In

Separately, Beacon Securities raised Geodrill from a “hold” rating to a “buy” rating and raised their target price for the stock from C$1.90 to C$2.25 in a research report on Tuesday, March 5th.

About Geodrill

Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to mining companies in West Africa, Egypt, Chile, and Peru. It offers reverse circulation, core, air-core, deep directional Navi, water borehole, underground, and horizontal drilling services, as well as reverse circulation and reverse circulation grade control.