Geodrill (OTCMKTS:GDLLF) had its price target upped by research analysts at Stifel Nicolaus from $3.00 to $3.25 in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective indicates a potential upside of 62.50% from the stock’s current price.
Separately, TD Securities lifted their target price on shares of Geodrill from $2.75 to $3.00 and gave the stock a “buy” rating in a research report on Wednesday, March 10th.
Shares of GDLLF stock opened at $2.00 on Thursday. The business’s 50-day moving average price is $1.51 and its 200-day moving average price is $1.40. Geodrill has a 12 month low of $0.70 and a 12 month high of $2.00.
Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to mining companies in West Africa, Zambia, and Peru. It offers reverse circulation, core, air-core, deep directional, reverse circulation grade control, water borehole, underground, mine blast hole, and horizontal drilling services.
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