Geodrill (TSE:GEO) had its target price lowered by TD Securities from C$3.50 to C$2.75 in a research report issued to clients and investors on Tuesday. TD Securities’ price target points to a potential upside of 89.66% from the stock’s previous close.

GEO stock traded up C$0.03 on Tuesday, hitting C$1.45. 5,250 shares of the company were exchanged, compared to its average volume of 29,014. Geodrill has a twelve month low of C$1.41 and a twelve month high of C$2.33. The company has a quick ratio of 1.35, a current ratio of 2.11 and a debt-to-equity ratio of 12.28.

Geodrill (TSE:GEO) last issued its quarterly earnings results on Monday, August 13th. The company reported C$0.06 EPS for the quarter, hitting the consensus estimate of C$0.06. The company had revenue of C$35.21 million for the quarter, compared to analyst estimates of C$32.29 million. Equities analysts predict that Geodrill will post 0.219999998562092 earnings per share for the current year.

In related news, insider Sustainable Capital Ltd purchased 47,200 shares of the company’s stock in a transaction that occurred on Monday, November 12th. The stock was purchased at an average price of C$1.52 per share, with a total value of C$71,744.00.

Geodrill Company Profile

Geodrill Limited, together with its subsidiaries, provides exploration and development drilling services to various mining companies with exploration, development, and production operations in West Africa and the African copper belt. The company offers reverse circulation (RC), diamond core, air-core, directional, RC grade control, water bore, and underground drilling services.

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