Geodrill (TSE:GEO) Reaches New 1-Year 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 stock traded as low as C$2.51 and last traded at C$2.49, with a volume of 15670 shares traded. The stock had previously closed at C$2.51.

Geodrill Trading Down 1.6%

The company has a market cap of C$117.36 million, a P/E ratio of -16.47, a PEG ratio of 0.04 and a beta of 0.93. The business has a fifty day moving average price of C$2.74 and a 200-day moving average price of C$3.14. The company has a quick ratio of 1.56, a current ratio of 1.89 and a debt-to-equity ratio of 9.34.

Geodrill (TSE:GEOGet Free Report) last announced its earnings results on Monday, May 11th. The company reported C($0.00) earnings per share for the quarter. The company had revenue of C$67.33 million for the quarter. Geodrill had a negative return on equity of 5.96% and a negative net margin of 4.01%. On average, 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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