Geodrill (GEO) Sets New 12-Month Low at $1.50

Geodrill Ltd (TSE:GEO)’s share price reached a new 52-week low on Thursday . The company traded as low as C$1.50 and last traded at C$1.52, with a volume of 3000 shares. The stock had previously closed at C$1.60.

The company has a quick ratio of 1.35, a current ratio of 2.11 and a debt-to-equity ratio of 12.28.

Geodrill (TSE:GEO) last posted its quarterly earnings data on Monday, August 13th. The company reported C$0.06 earnings per share for the quarter, hitting the Zacks’ consensus estimate of C$0.06. The company had revenue of C$35.21 million for the quarter, compared to analyst estimates of C$32.29 million. Research analysts anticipate that Geodrill Ltd will post 0.219999998562092 earnings per share for the current year.

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About Geodrill (TSE:GEO)

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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