Geodrill (TSE:GEO) Hits New 1-Year Low – Should You Sell?

Geodrill Limited (TSE:GEOGet Free Report) shares reached a new 52-week low during trading on Wednesday . The company 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 Down 7.9%

The firm has a 50-day moving average of C$2.96 and a two-hundred day moving average of C$3.38. 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 company 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.

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

Geodrill Company Profile

(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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