Geodrill Limited (GEODF)
Geodrill Limited operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Douglas, IM, IM. The stock last traded at $1.81, up 1.34% on the session, giving a market capitalisation of $86.2M. On trailing twelve-month figures it carries a trailing P/E of -12.01, a net margin of -4.0%. Its beta of 0.65 implies it has historically moved less than the broad market.
Geodrill Limited, operating with its subsidiaries, delivers specialized drilling services for mineral exploration to mining enterprises in West Africa, Zambia, and Peru. The company provides an extensive array of drilling solutions, including reverse circulation, core, air-core, deep directional, reverse circulation for grade control, water borehole, underground, mine blast hole, and horizontal drilling. To support these operations, Geodrill utilizes a substantial fleet comprising multi-purpose, core, air-core, grade control, and underground drill rigs. Their equipment also extends to boosters and auxiliary compressors, alongside various support vehicles such as pick-up, MAN, and other trucks, as well as custom-built crawler-mounted units and bell tractors. By December 31, 2021, their operational capacity included 71 drill rigs. Geodrill Limited was established in 1998 and maintains its principal office in Douglas, Isle of Man.
Geodrill Limited is most often compared with the following Basic Materials names: