FY2026 Earnings Forecast 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 earnings per share estimates for shares of Geodrill in a research report issued to clients and investors on Wednesday, August 13th. Cormark analyst N. Dion anticipates that the company will post earnings per share of $0.45 for the year. The consensus estimate for Geodrill's current full-year earnings is $0.31 per share.

Geodrill Trading Down 1.7%

Shares of TSE:GEO traded down C$0.06 during midday trading on Thursday, hitting C$3.37. The company had a trading volume of 7,600 shares, compared to its average volume of 28,743. Geodrill has a 12 month low of C$2.40 and a 12 month high of C$4.15. The firm has a fifty day simple moving average of C$3.59 and a 200 day simple moving average of C$3.26. 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 stock has a market cap of C$113.17 million, a price-to-earnings ratio of 13.56, a PEG ratio of 0.04 and a beta of 0.86.

Insider Activity

In related news, insider Sustainable Capital Ltd sold 35,400 shares of the company's stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of C$3.70, for a total transaction of C$130,980.00. Insiders sold 1,267,400 shares of company stock valued at $4,515,393 in the last three months. 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.