Several other equities research analysts have also commented on the stock. TD Securities raised shares of Geodrill from a speculative buy rating to a buy rating and upped their price target for the company from C$1.75 to C$2.75 in a report on Tuesday, August 9th. Beacon Securities reaffirmed a buy rating on shares of Geodrill in a report on Thursday, July 21st.
Geodrill (TSE:GEO) opened at 2.40 on Thursday. The company has a 50-day moving average price of $2.12 and a 200 day moving average price of $1.50. Geodrill has a 52-week low of $0.40 and a 52-week high of $2.48. The stock has a market cap of $102.03 million and a price-to-earnings ratio of 57.14.
Geodrill Company Profile
Geodrill Limited is a drilling company. The Company is engaged in the provision of exploration and development drilling services to mining companies with exploration, development and production operations in West Africa and the African Copperbelt. The Company’s segments include Ghana and Outside Ghana.
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