Geodrill (TSE:GEO) Sets New 1-Year High - Still a Buy?

Geodrill Limited (TSE:GEO - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$3.47 and last traded at C$3.31, with a volume of 84049 shares traded. The stock had previously closed at C$3.20.

Geodrill Trading Up 3.1%

The company has a current ratio of 2.51, a quick ratio of 1.56 and a debt-to-equity ratio of 2.45. The company has a market capitalization of C$110.82 million, a P/E ratio of 13.28, a PEG ratio of 0.04 and a beta of 0.86. The business has a 50 day moving average price of C$2.88 and a 200 day moving average price of C$2.97.

Geodrill (TSE:GEO - Get Free Report) last issued its quarterly earnings data on Monday, March 3rd. 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). Geodrill had a net margin of 5.95% and a return on equity of 7.24%. During the same quarter last year, the firm posted ($0.03) EPS. Analysts anticipate that Geodrill Limited will post 0.3108935 EPS for the current year.

Insider Buying and Selling at Geodrill

In other news, insider Sustainable Capital Ltd sold 63,600 shares of the stock in a transaction on Thursday, February 13th. The shares were sold at an average price of C$3.21, for a total transaction of C$204,156.00. Over the last 90 days, insiders sold 176,000 shares of company stock valued at $556,355. Corporate insiders own 41.12% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.