Geodrill (GEO) Stock Price, News & Analysis

Company Overview

Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to mining companies in West Africa, Egypt, Chile, and Peru. It offers reverse circulation, core, air-core, deep directional Navi, water borehole, underground, and horizontal drilling services, as well as reverse circulation and reverse circulation grade control. The company operates a fleet of multi-purpose, core, air-core, grade control, and underground drill rigs; boosters and auxiliary compressors; and various support vehicles, such as pick-up, MAN, and other trucks, as well as purpose-built crawler-mounted support vehicles and bell tractors. As of December 31, 2023, it operated a fleet of 83 drill rigs. The company was incorporated in 1998 and is headquartered in Douglas, Isle of Man.

Key Stats

• Today's Range: C$2.62 to C$2.90
• 50-Day Range: C$2.52 to C$2.90
• 52-Week Range: C$1.52 to C$2.95
• Volume: 80,088 shs
• Average Volume: 21,497 shs
• Market Capitalization: C$136.29 million
• P/E Ratio: 36.13
• Dividend Yield: 2.77%
• Price Target: C$2.25
• Consensus Rating: Buy

Geodrill Stock Analysis - MarketRank™

Geodrill scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Geodrill has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Geodrill has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Geodrill is 36.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.33.

Price to Earnings Ratio vs. Sector

The P/E ratio of Geodrill is 36.13, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 119.68.

Price to Earnings Growth Ratio

Geodrill has a PEG Ratio of 0.04. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Geodrill has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for GEO.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Geodrill is a leading dividend payer. It pays a dividend yield of 3.90%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Geodrill does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Geodrill is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for GEO.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.76

News Sentiment

Geodrill has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Geodrill this week, compared to 1 article on an average week.

Search Interest

39 people have searched for GEO on MarketBeat in the last 30 days. This is an increase of 56% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Geodrill insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$662,975.00 in company stock.

Percentage Held by Insiders

41.12% of the stock of Geodrill is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 24.90% of the stock of Geodrill is held by institutions.

GEO Stock Analysis - Frequently Asked Questions

How have GEO shares performed this year?

Geodrill's stock was trading at C$1.79 at the start of the year. Since then, GEO shares have increased by 61.5% and is now trading at C$2.89.
View the best growth stocks for 2024 here.

How do I buy shares of Geodrill?

Shares of GEO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Geodrill own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Geodrill investors own include NVIDIA (NVDA), Meta Platforms (META), Toronto-Dominion Bank (TD), Canadian Pacific Kansas City (CP), Alphabet (GOOG), AGNC Investment (AGNC) and Great-West Lifeco (GWO).

Company Calendar

• Today: 11/21/2024
• Next Earnings (Estimated): 3/03/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Construction
• Current Symbol: TSE:GEO
• CUSIP: N/A
• CIK: N/A
• Web: www.geodrillgh.com
• Phone: +233-30-2768879
• Fax: N/A
• Employees: 15,800
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$2.25
• High Stock Price Target: C$2.25
• Low Stock Price Target: C$2.25
• Potential Upside/Downside: -22.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.08
• Trailing P/E Ratio: 36.13
• Forward P/E Ratio: 9.30
• P/E Growth: 0.04
• Net Income: C$2.76 million
• Net Margins: 2.02%
• Pretax Margin: N/A
• Return on Equity: 2.27%
• Return on Assets: 4.05%

Debt

• Debt-to-Equity Ratio: 8.35
• Current Ratio: 2.59
• Quick Ratio: 1.56

Sales & Book Value

• Annual Sales: C$136.20 million
• Price / Sales: 1.00
• Cash Flow: C$0.50 per share
• Price / Cash Flow: 5.73
• Book Value: C$2.49 per share
• Price / Book: 1.16

Miscellaneous

• Outstanding Shares: 47,160,000
• Free Float: N/A
• Market Cap: C$136.29 million
• Optionable: Not Optionable
• Beta: 0.86