Research Analysts Offer Predictions for Geodrill Ltd’s Q2 2019 Earnings (GEO)

Geodrill Ltd (TSE:GEO) – Beacon Securities issued their Q2 2019 earnings estimates for shares of Geodrill in a report released on Monday, May 13th. Beacon Securities analyst A. Shaath anticipates that the company will post earnings of $0.07 per share for the quarter. Beacon Securities also issued estimates for Geodrill’s FY2020 earnings at $0.12 EPS.

Shares of GEO stock opened at C$1.40 on Wednesday. The company has a quick ratio of 1.18, a current ratio of 2.11 and a debt-to-equity ratio of 11.76. Geodrill has a fifty-two week low of C$1.20 and a fifty-two week high of C$2.33. The company has a market capitalization of $65.67 million and a price-to-earnings ratio of 140.00.

Geodrill (TSE:GEO) last announced its quarterly earnings data on Monday, March 4th. The company reported C$0.01 earnings per share for the quarter. The company had revenue of C$26.96 million during the quarter, compared to the consensus estimate of C$29.34 million.

About Geodrill

Geodrill Limited, together with its subsidiaries, provides exploration and development drilling services to various mining companies with exploration, development, and production operations in West Africa and the African copper belt. The company offers reverse circulation (RC), diamond core, air-core, directional, RC grade control, water bore, and underground drilling services.

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