Geodrill Ltd’s Stock Is Buy After Today’s Huge Increase

 Geodrill Ltd's Stock Is Buy After Today's Huge Increase

The stock of Geodrill Ltd (TSE:GEO) is a huge mover today! The stock last traded at $2.49 per share. It is up 179.78% since April 8, 2016 and is uptrending. It has outperformed by 174.79% the S&P500.
The move comes after 7 months positive chart setup for the $106.84 million company. It was reported on Nov, 14 by Barchart.com. We have $6.70 PT which if reached, will make TSE:GEO worth $180.56 million more.

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 20.48% above today’s ($2.49) stock price. Geodrill has been the topic of 3 analyst reports since July 31, 2015 according to StockzIntelligence Inc. As per Thursday, September 22, the company rating was maintained by Paradigm Research. On Thursday, May 12 the stock rating was upgraded by TD Securities to “Speculative Buy”.

Geodrill Limited is a drilling company. The company has a market cap of $106.84 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 48.55 P/E ratio. The Company’s divisions include Ghana and Outside Ghana.

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