Geodrill (TSE:GEO) Posts Earnings Results

Geodrill (TSE:GEO) issued its quarterly earnings results on Thursday. The company reported C($0.03) earnings per share for the quarter, FiscalAI reports. Geodrill had a return on equity of 7.24% and a net margin of 5.95%.The company had revenue of C$54.26 million during the quarter.

Geodrill Stock Up 4.8%

GEO opened at C$3.94 on Friday. Geodrill has a twelve month low of C$2.40 and a twelve month high of C$4.15. The company’s 50-day moving average price is C$3.52 and its two-hundred day moving average price is C$3.49. The stock has a market cap of C$185.82 million, a price-to-earnings ratio of 14.59, a PEG ratio of 0.04 and a beta of 0.43. The company has a quick ratio of 1.56, a current ratio of 2.51 and a debt-to-equity ratio of 2.45.

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.