Geodrill (TSE:GEO) Issues Earnings Results

Geodrill (TSE:GEO) issued its quarterly earnings data on Monday. The company reported C($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. During the same quarter in the previous year, the company earned ($0.03) EPS.

Geodrill Stock Performance

Shares of Geodrill stock opened at C$3.09 on Tuesday. Geodrill has a 1 year low of C$1.63 and a 1 year high of C$3.32. The firm’s 50-day moving average is C$3.10 and its 200 day moving average is C$2.88. The company has a debt-to-equity ratio of 2.45, a current ratio of 2.51 and a quick ratio of 1.56. The stock has a market cap of C$103.77 million, a price-to-earnings ratio of 12.43, a PEG ratio of 0.04 and a beta of 0.86.

Insiders Place Their Bets

In other Geodrill news, insider Sustainable Capital Ltd sold 23,800 shares of the company’s stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of C$3.11, for a total value of C$74,018.00. In the last 90 days, insiders sold 186,100 shares of company stock valued at $590,448. 41.12% of the stock is owned by insiders.

About Geodrill

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.