Geodrill (TSE:GEO) Stock Price Down 14.5% – Should You Sell?

Geodrill Limited (TSE:GEOGet Free Report) traded down 14.5% on Monday . The company traded as low as C$2.59 and last traded at C$2.82. 91,817 shares changed hands during mid-day trading, an increase of 173% from the average session volume of 33,654 shares. The stock had previously closed at C$3.30.

Geodrill Stock Down 11.8%

The company has a debt-to-equity ratio of 8.70, a current ratio of 1.83 and a quick ratio of 1.56. The company has a market capitalization of C$138.26 million, a PE ratio of -97.00, a P/E/G ratio of 0.04 and a beta of 0.88. The business has a 50-day moving average of C$3.19 and a 200 day moving average of C$3.56.

Geodrill (TSE:GEOGet Free Report) last posted its earnings results on Monday, March 2nd. The company reported C($0.32) EPS for the quarter. The firm had revenue of C$61.56 million during the quarter. Geodrill had a negative return on equity of 1.34% and a negative net margin of 0.91%. Equities research analysts predict that Geodrill Limited will post 0.3108935 earnings per share 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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