Geodrill (TSE:GEO) Hits New 12-Month Low – What’s Next?

Shares of Geodrill Limited (TSE:GEOGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$2.51 and last traded at C$2.49, with a volume of 15670 shares changing hands. The stock had previously closed at C$2.51.

Geodrill Stock Down 0.8%

The company has a current ratio of 1.89, a quick ratio of 1.56 and a debt-to-equity ratio of 9.34. The business’s fifty day moving average price is C$2.75 and its 200 day moving average price is C$3.16. The company has a market capitalization of C$118.31 million, a P/E ratio of -16.60, a P/E/G ratio of 0.04 and a beta of 0.93.

Geodrill (TSE:GEOGet Free Report) last posted its earnings results on Monday, May 11th. The company reported C($0.00) earnings per share for the quarter. Geodrill had a negative net margin of 4.01% and a negative return on equity of 5.96%. The business had revenue of C$67.33 million for the quarter. As a group, equities research analysts predict that Geodrill Limited will post 0.3108935 earnings per share for the current fiscal year.

About Geodrill

(Get Free Report)

Geodrill Ltd is an exploration drilling company. It mainly operates a fleet of multi-purpose, core, air-core, and grade control drill rigs. The company provides reverse circulation, diamond core, air-core, grade control, geo-tech, and water bore drilling services to major, intermediate, and junior mining companies.

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