Geodrill (TSE:GEO) Releases Quarterly Earnings Results, Misses Expectations By $0.05 EPS

Geodrill (TSE:GEO) posted its quarterly earnings data on Monday. The company reported C($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.05), RTT News reports. Geodrill had a net margin of 5.95% and a return on equity of 7.24%. During the same quarter in the prior year, the company posted ($0.03) earnings per share.

Geodrill Trading Down 0.3 %

Shares of TSE GEO opened at C$3.09 on Tuesday. The company has a debt-to-equity ratio of 2.45, a quick ratio of 1.56 and a current ratio of 2.51. Geodrill has a 52-week low of C$1.63 and a 52-week high of C$3.32. The firm has a 50 day moving average price of C$3.10 and a two-hundred day moving average price of C$2.88. The stock has a market cap of C$103.77 million, a P/E ratio of 12.43, a price-to-earnings-growth ratio of 0.04 and a beta of 0.86.

Insider Activity

In related news, insider Sustainable Capital Ltd sold 63,600 shares of the firm’s stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of C$3.21, for a total transaction of C$204,156.00. In the last three months, insiders have sold 186,100 shares of company stock valued at $590,448. 41.12% of the stock is currently owned by 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.