Geodrill (GEO) to Release Earnings on Monday

Geodrill (TSE:GEO) is scheduled to post its quarterly earnings results before the market opens on Monday, May 13th.

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

Geodrill Trading Up 2.9 %

GEO opened at C$2.11 on Monday. The firm has a market capitalization of C$99.00 million, a price-to-earnings ratio of 19.18, a price-to-earnings-growth ratio of 0.04 and a beta of 0.88. The company’s 50 day simple moving average is C$1.96 and its two-hundred day simple moving average is C$1.86. Geodrill has a 1-year low of C$1.52 and a 1-year high of C$3.45. The company has a debt-to-equity ratio of 11.48, a current ratio of 2.38 and a quick ratio of 1.56.

Wall Street Analyst Weigh In

Separately, Beacon Securities upgraded Geodrill from a “hold” rating to a “buy” rating and lifted their price target for the stock from C$1.90 to C$2.25 in a 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.