What is Cormark’s Estimate for Geodrill FY2025 Earnings?

Geodrill Limited (TSE:GEO) – Research analysts at Cormark boosted their FY2025 earnings estimates for shares of Geodrill in a note issued to investors on Tuesday, March 4th. Cormark analyst N. Dion now anticipates that the company will post earnings of $0.37 per share for the year, up from their previous estimate of $0.35. The consensus estimate for Geodrill’s current full-year earnings is $0.31 per share.

Geodrill Price Performance

GEO stock opened at C$2.97 on Wednesday. The stock has a market cap of C$99.74 million, a price-to-earnings ratio of 11.95, a PEG ratio of 0.04 and a beta of 0.86. Geodrill has a fifty-two week low of C$1.65 and a fifty-two week high of C$3.32. The company has a quick ratio of 1.56, a current ratio of 2.51 and a debt-to-equity ratio of 2.45. The business has a 50 day moving average price of C$3.10 and a 200 day moving average price of C$2.88.

Geodrill (TSE:GEO) last announced its quarterly earnings results on Monday, March 3rd. 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). Geodrill had a return on equity of 7.24% and a net margin of 5.95%. During the same period in the previous year, the company earned ($0.03) EPS.

Insider Buying and Selling

In other news, insider Sustainable Capital Ltd sold 17,600 shares of Geodrill stock in a transaction on Monday, February 10th. The shares were sold at an average price of C$3.12, for a total value of C$54,912.00. Insiders have sold 186,100 shares of company stock worth $590,448 in the last ninety days. 41.12% of the stock is owned by corporate 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.