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

Geodrill Limited (TSE:GEOGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The stock 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 Trading 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 simple moving average is C$2.75 and its two-hundred day simple moving average is C$3.16. The stock 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 quarterly earnings results on Monday, May 11th. The company reported C($0.00) earnings per share (EPS) for the quarter. Geodrill had a negative net margin of 4.01% and a negative return on equity of 5.96%. The company had revenue of C$67.33 million for the quarter. As a group, analysts forecast that Geodrill Limited will post 0.3108935 earnings per share for the current 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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