Geodrill (TSE:GEO) Sets New 1-Year High – Should You Buy?

Geodrill Limited (TSE:GEO) shares hit a new 52-week high during trading on Friday . The stock traded as high as C$3.26 and last traded at C$3.20, with a volume of 1648 shares traded. The stock had previously closed at C$3.25.

Geodrill Stock Performance

The stock has a 50-day moving average of C$3.01 and a 200 day moving average of C$2.74. The firm has a market capitalization of C$150.91 million, a P/E ratio of 40.00, a price-to-earnings-growth ratio of 0.04 and a beta of 0.86. The company has a debt-to-equity ratio of 8.35, a quick ratio of 1.56 and a current ratio of 2.59.

Geodrill (TSE:GEO) last announced its earnings results on Monday, November 11th. The company reported C$0.08 EPS for the quarter. Geodrill had a return on equity of 2.27% and a net margin of 2.02%. During the same quarter in the previous year, the firm earned ($0.08) EPS. On average, research analysts anticipate that Geodrill Limited will post 0.3108935 earnings per share for the current year.

Insider Buying and Selling at Geodrill

In other Geodrill news, insider Sustainable Capital Ltd sold 173,200 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of C$2.90, for a total transaction of C$502,591.76. Corporate insiders own 41.12% of the company’s stock.

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.