Geodrill Ltd (TSE:GEO) had its price objective upped by analysts at TD Securities from C$2.75 to C$3.25 in a research note issued to investors on Wednesday. The firm currently has a “buy” rating on the stock. TD Securities’ price target suggests a potential upside of 30.00% from the company’s previous close.

A number of other research analysts have also issued reports on GEO. Paradigm Capital restated a “buy” rating and set a C$4.25 target price on shares of Geodrill in a research report on Thursday, September 22nd. Beacon Securities reiterated a “buy” rating on shares of Geodrill in a research report on Thursday, July 21st.

Geodrill (TSE:GEO) remained flat at $2.50 on Wednesday. 21,950 shares of the company traded hands. The stock has a market cap of $106.28 million and a P/E ratio of 59.52. The stock has a 50-day moving average of $2.41 and a 200-day moving average of $1.90. Geodrill has a 12 month low of $0.47 and a 12 month high of $2.56.

Geodrill Company Profile

Geodrill Limited is a drilling company. The Company is engaged in the provision of exploration and development drilling services to mining companies with exploration, development and production operations in West Africa and the African Copperbelt. The Company’s segments include Ghana and Outside Ghana.

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