Geodrill (TSE:GEO) Sets New 1-Year Low – Here’s What Happened

Shares of Geodrill Limited (TSE:GEO) reached 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 changing hands. The stock had previously closed at C$2.80.

Geodrill Stock Performance

The company has a current ratio of 1.89, a quick ratio of 1.56 and a debt-to-equity ratio of 7.43. The firm has a market capitalization of C$123.53 million, a price-to-earnings ratio of -17.33, a PEG ratio of 0.04 and a beta of 0.92. The stock has a fifty day moving average price of C$2.94 and a 200-day moving average price of C$3.36.

Geodrill (TSE:GEO) last announced its quarterly earnings results on Monday, May 11th. The company reported C($0.00) earnings per share for the quarter. Geodrill had a negative return on equity of 5.96% and a negative net margin of 4.01%.The firm had revenue of C$67.33 million for the quarter. As a group, analysts anticipate that Geodrill Limited will post 0.3108935 earnings per share for the current fiscal year.

Geodrill Company Profile

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.