FY2026 Earnings Estimate for Geodrill Issued By Cormark

Key Points

• Cormark forecasts Geodrill Limited to post earnings of $0.45 per share for FY2026, which is significantly higher than the current consensus estimate of $0.31 per share.
• Shares of Geodrill traded at C$3.46, with a 52-week range of C$2.40 to C$4.15 and a market capitalization of C$116.19 million.
• Insider activity shows that Sustainable Capital Ltd sold 421,200 shares in May, contributing to a total of over 1.37 million shares sold by insiders in the last 90 days.

Geodrill Limited (TSE:GEO - Free Report) - Investment analysts at Cormark issued their FY2026 EPS estimates for shares of Geodrill in a research report issued to clients and investors on Wednesday, August 13th. Cormark analyst N. Dion forecasts that the company will earn $0.45 per share for the year. The consensus estimate for Geodrill's current full-year earnings is $0.31 per share.

Geodrill Price Performance

Shares of TSE:GEO traded up C$0.10 on Thursday, reaching C$3.53. 45,960 shares of the company were exchanged, compared to its average volume of 28,963. The company has a current ratio of 2.51, a quick ratio of 1.56 and a debt-to-equity ratio of 2.45. Geodrill has a 1-year low of C$2.40 and a 1-year high of C$4.15. The firm has a market cap of C$118.54 million, a price-to-earnings ratio of 14.21, a price-to-earnings-growth ratio of 0.04 and a beta of 0.86. The company has a 50-day moving average of C$3.60 and a 200-day moving average of C$3.26.

Insiders Place Their Bets

In other Geodrill news, insider Sustainable Capital Ltd sold 421,200 shares of the firm's stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of C$3.55, for a total transaction of C$1,495,260.00. In the last ninety days, insiders have sold 1,374,100 shares of company stock worth $4,913,384. Company 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.