Geodrill (GEO) Shares Up 2.8%

Geodrill Ltd (TSE:GEO) shares shot up 2.8% during trading on Monday . The stock traded as high as C$2.23 and last traded at C$2.23. 1,100 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 120,198 shares. The stock had previously closed at C$2.17.

The company has a market cap of $94.04, a PE ratio of 12.76 and a beta of -0.35.

Geodrill (TSE:GEO) last issued its earnings results on Monday, November 13th. The company reported C$0.08 EPS for the quarter. Geodrill had a return on equity of 17.60% and a net margin of 12.52%.

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Geodrill Company Profile

Geodrill Limited is an exploration drilling company. The Company operates a fleet of Multi-Purpose, Core, Air-core and Grade Control drill rigs. The Company’s geographic segments include Ghana and Outside Ghana. The multi-purpose rigs can perform both reverse circulation (RC) and diamond core (Core) drilling and can switch from one to the other.

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