Geodrill (TSE:GEO) Hits New 52-Week Low – What’s Next?

Geodrill Limited (TSE:GEOGet Free Report)’s share price hit a new 52-week low on Wednesday . The stock traded as low as C$2.50 and last traded at C$2.64, with a volume of 91491 shares. The stock had previously closed at C$2.80.

Geodrill Stock Down 7.9%

The company has a quick ratio of 1.56, a current ratio of 1.89 and a debt-to-equity ratio of 7.43. The firm has a market capitalization of C$122.58 million, a PE ratio of -17.20, a price-to-earnings-growth ratio of 0.04 and a beta of 0.92. The business has a 50-day moving average price of C$2.96 and a 200-day moving average price of C$3.38.

Geodrill (TSE:GEOGet Free Report) last announced its quarterly earnings data on Monday, May 11th. The company reported C($0.00) EPS for the quarter. The firm had revenue of C$67.33 million for the quarter. Geodrill had a negative return on equity of 5.96% and a negative net margin of 4.01%. Equities research analysts forecast that Geodrill Limited will post 0.3108935 earnings per share for the current fiscal 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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