Geodrill (TSE:GEO) Issues Quarterly Earnings Results

Geodrill (TSE:GEO) issued its quarterly earnings results on Monday. The company reported C($0.01) earnings per share for the quarter, missing the consensus estimate of C$0.04 by C($0.05), RTT News reports. Geodrill had a net margin of 5.95% and a return on equity of 7.24%.

Geodrill Price Performance

Geodrill stock opened at C$3.10 on Monday. The company has a market cap of C$104.10 million, a price-to-earnings ratio of 12.47, a PEG ratio of 0.04 and a beta of 0.86. The firm’s fifty day moving average is C$3.10 and its 200 day moving average is C$2.88. The company has a quick ratio of 1.56, a current ratio of 2.51 and a debt-to-equity ratio of 2.45. Geodrill has a 52-week low of C$1.63 and a 52-week high of C$3.32.

Insider Activity at Geodrill

In other Geodrill news, insider Sustainable Capital Ltd sold 17,600 shares of the business’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of C$3.12, for a total transaction of C$54,912.00. Insiders have sold a total of 156,400 shares of company stock valued at $496,145 over the last 90 days. 41.12% of the stock is owned by corporate insiders.

Geodrill Company Profile

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.