Geodrill Limited (GEO.TO)
Geodrill Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Douglas, IM, IM. The stock last traded at $2.52, up 1.61% on the session, giving a market capitalisation of $119.7M. Its beta of 0.64 implies it has historically moved less than the broad market.
Geodrill Limited, along with its subsidiaries, delivers specialized mineral exploration drilling services to mining enterprises operating in West Africa, Zambia, and Peru. The company offers a broad spectrum of drilling solutions, encompassing reverse circulation, core, air-core, deep directional, reverse circulation grade control, water borehole, underground, mine blast hole, and horizontal drilling techniques. To facilitate these services, Geodrill maintains a robust fleet of equipment, featuring multi-purpose, core, air-core, grade control, and underground drill rigs, alongside boosters, auxiliary compressors, and a variety of support vehicles. This support fleet includes pick-up, MAN, and other trucks, as well as purpose-built crawler-mounted support vehicles and bell tractors. As of December 31, 2021, the company's operational capacity included 71 drill rigs. Geodrill Limited, founded in 1998, is headquartered in Douglas, Isle of Man.
Geodrill Limited is most often compared with the following Basic Materials names: