What is Cormark’s Estimate for Geodrill FY2025 Earnings?

Geodrill Limited (TSE:GEO) – Equities researchers at Cormark upped their FY2025 earnings estimates for Geodrill in a report released on Tuesday, May 13th. Cormark analyst N. Dion now expects that the company will earn $0.45 per share for the year, up from their previous forecast of $0.37. The consensus estimate for Geodrill’s current full-year earnings is $0.31 per share.

Geodrill (TSE:GEO) last issued its quarterly earnings data on Monday, March 3rd. The company reported C($0.01) EPS for the quarter, missing the consensus estimate 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 in the prior year, the company earned ($0.03) EPS.

Geodrill Price Performance

GEO stock opened at C$3.40 on Thursday. Geodrill has a 1 year low of C$1.97 and a 1 year high of C$3.55. The company has a market cap of C$114.18 million, a P/E ratio of 13.68, a PEG ratio of 0.04 and a beta of 0.86. The firm has a 50-day moving average of C$2.92 and a 200 day moving average of C$2.98. The company has a debt-to-equity ratio of 2.45, a current ratio of 2.51 and a quick ratio of 1.56.

Insider Buying and Selling

In other news, insider Sustainable Capital Ltd sold 117,600 shares of the stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of C$3.32, for a total transaction of C$390,432.00. Insiders sold a total of 230,000 shares of company stock valued at $742,631 over the last three months. 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.