Geodrill (TSE:GEO) Reaches New 1-Year High – Time to Buy?

Geodrill Limited (TSE:GEOGet Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$4.29 and last traded at C$4.28, with a volume of 28497 shares. The stock had previously closed at C$4.09.

Geodrill Stock Performance

The stock’s fifty day simple moving average is C$3.75 and its two-hundred day simple moving average is C$3.59. The company has a market cap of C$200.44 million, a price-to-earnings ratio of 22.37, a price-to-earnings-growth ratio of 0.04 and a beta of 0.51. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.56 and a current ratio of 2.51.

Geodrill (TSE:GEOGet Free Report) last issued its earnings results on Thursday, November 13th. The company reported C($0.03) earnings per share for the quarter. The firm had revenue of C$54.26 million during the quarter. Geodrill had a return on equity of 7.24% and a net margin of 5.95%. Equities research analysts anticipate that Geodrill Limited will post 0.3108935 EPS for the current year.

About Geodrill

(Get Free Report)

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.

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