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

Geodrill (TSE:GEO) announced its quarterly earnings data on Monday. The company reported C($0.01) EPS for the quarter, missing the consensus estimate 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 period in the prior year, the business earned ($0.03) EPS.

Geodrill Trading Down 3.9 %

Geodrill stock opened at C$2.97 on Wednesday. The business has a 50-day simple moving average of C$3.10 and a two-hundred day simple moving average of C$2.88. The company has a market cap of C$99.74 million, a P/E ratio of 11.95, a P/E/G ratio of 0.04 and a beta of 0.86. Geodrill has a 52-week low of C$1.65 and a 52-week high of C$3.32. The company has a quick ratio of 1.56, a current ratio of 2.51 and a debt-to-equity ratio of 2.45.

Insider Activity at Geodrill

In other news, insider Sustainable Capital Ltd sold 18,800 shares of Geodrill stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of C$3.22, for a total transaction of C$60,536.00. In the last quarter, insiders have sold 186,100 shares of company stock worth $590,448. 41.12% of the stock is owned by corporate insiders.

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.