TD Securities Sticks to Its Buy Rating for Geodrill (GEO)


The Materials sector company, Geodrill (GEO), has received a rating update from a Wall Street analyst yesterday. The company received a Buy rating from TD Securities’ analyst Daryl Young, with a C$2.75 price target.

According to TipRanks.com, Young is ranked #3448 out of 4890 analysts.

Geodrill has an analyst consensus of Moderate Buy, with a price target consensus of C$2.75.

Geodrill’s market cap is currently C$64.14M and has a P/E ratio of 10. The company has a Price to Book ratio of 0.76.

Geodrill Ltd. engages in the provision of drilling services including exploration, delineation, and underground drilling. It operates through the Ghana and Outside Ghana geographical segments. The firm also provides reverse circulation, diamond core, air-core, grade control, geo-tech, and water bore drilling services.

The company’s shares closed on Tuesday at C$1.47, close to its 52-week low of C$1.40.

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