Geodrill Ltd (TSE:GEO) - Equities researchers at Clarus Securities dropped their FY2017 EPS estimates for Geodrill in a note issued to investors on Tuesday. Clarus Securities analyst N. Sangmuah now forecasts that the company will post earnings per share of $0.24 for the year, down from their previous estimate of $0.28.
ILLEGAL ACTIVITY NOTICE: “Geodrill Ltd to Post FY2017 Earnings of $0.24 Per Share, Clarus Securities Forecasts (GEO)” was originally published by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://stocknewstimes.com/2017/08/18/geodrill-ltd-to-post-fy2017-earnings-of-0-24-per-share-clarus-securities-forecasts-geo.html.
Separately, Beacon Securities reissued a “buy” rating on shares of Geodrill in a report on Monday.
Shares of Geodrill (GEO) opened at 2.05 on Wednesday. Geodrill has a 52 week low of $1.71 and a 52 week high of $2.82. The firm’s 50-day moving average price is $1.98 and its 200 day moving average price is $2.19. The stock has a market capitalization of $88.61 million and a P/E ratio of 17.23.
About Geodrill
Geodrill Limited is an exploration drilling company. The Company operates a fleet of Multi-Purpose, Core, Air-core and Grade Control drill rigs. The Company’s geographic segments include Ghana and Outside Ghana. The multi-purpose rigs can perform both reverse circulation (RC) and diamond core (Core) drilling and can switch from one to the other.
Receive News & Ratings for Geodrill Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geodrill Ltd and related companies with MarketBeat.com's FREE daily email newsletter.
