Geodrill Ltd’s Trend Down, Especially After Today’s Weak Session

 Geodrill Ltd's Trend Down, Especially After Today's Weak Session

The stock of Geodrill Ltd (TSE:GEO) is a huge mover today! The stock last traded at $2.4 per share. It is down 238.03% since March 10, 2016 and is uptrending. It has outperformed by 232.42% the S&P500.
The move comes after 6 months negative chart setup for the $101.68 million company. It was reported on Oct, 17 by Barchart.com. We have $2.14 PT which if reached, will make TSE:GEO worth $11.18M less.

Geodrill Ltd (TSE:GEO) Ratings Coverage

Out of 2 analysts covering Geodrill (TSE:GEO), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $4.25 is the highest target while $0.85 is the lowest. The $3 average target is 25.00% above today’s ($2.4) stock price. Geodrill has been the topic of 3 analyst reports since July 31, 2015 according to StockzIntelligence Inc. Paradigm Research maintained the shares of GEO in a report on Thursday, September 22 with “Buy” rating. TD Securities upgraded Geodrill Ltd (TSE:GEO) on Thursday, May 12 to “Speculative Buy” rating.

Another recent and important Geodrill Ltd (TSE:GEO) news was published by Theglobeandmail.com which published an article titled: “Mining suppliers cautiously optimistic to the core” on July 04, 2012.

Geodrill Limited is a drilling company. The company has a market cap of $101.68 million. The Firm is engaged in the provision of exploration and development drilling services to mining companies with exploration, development and production activities in West Africa and the African Copperbelt. It has a 48.22 P/E ratio. The Company’s divisions include Ghana and Outside Ghana.

GEO Company Profile

The GEO Group, Inc., incorporated on April 5, 1988, is a real estate investment trust (REIT). The Firm specializes in the ownership, leasing and management of correctional, detention and re-entry facilities and the provision of community services and youth services in the United States, Australia, South Africa and the United Kingdom. The Firm operates in four divisions: U.S. Corrections & Detention segment; GEO Care segment; International Services segment and Facility Construction & Design segment. The Company’s U.S. Corrections & Detention segment primarily encompasses its United States privatized corrections and detention business. The Company’s GEO Community Services segment, which conducts its services in the United States, consists of its community services business, its youth services business and its electronic monitoring and supervision service. International Services segment primarily consists of its privatized corrections and detention activities in South Africa, Australia, and the United Kingdom. Facility Construction & Design segment primarily contracts with various states, local and federal agencies, as well as international agencies, for the design and construction of facilities.

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