Geodrill (TSE:GEO) Issues Quarterly Earnings Results

Geodrill (TSE:GEO) released its earnings results on Monday. The company reported C($0.01) EPS for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.05), RTT News reports. Geodrill had a return on equity of 7.24% and a net margin of 5.95%.

Geodrill Price Performance

TSE:GEO opened at C$3.10 on Monday. The stock has a 50 day moving average of C$3.10 and a two-hundred day moving average of C$2.88. Geodrill has a 12 month low of C$1.63 and a 12 month high of C$3.32. The firm has a market cap of C$104.10 million, a P/E ratio of 12.47, a price-to-earnings-growth ratio of 0.04 and a beta of 0.86. The company has a current ratio of 2.51, a quick ratio of 1.56 and a debt-to-equity ratio of 2.45.

Insider Activity

In related news, insider Sustainable Capital Ltd sold 18,800 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of C$3.22, for a total transaction of C$60,536.00. Insiders have sold a total of 156,400 shares of company stock worth $496,145 over the last quarter. 41.12% of the stock is currently owned by corporate insiders.

About Geodrill

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.