TSX:GEOMetals and Mining
Geodrill (TSX:GEO) Swings Back To Q1 Loss Of US$0.1 Million Challenging Turnaround Hopes
Geodrill (TSX:GEO) opened 2026 with Q1 revenue of US$48.4 million and a small net loss of US$0.1 million, setting a cautious tone for investors watching its turnaround prospects. The company has seen quarterly revenue move from US$33.1 million in Q4 2024 to US$48.8 million in Q1 2025, then to US$48.4 million in Q1 2026. Quarterly net income has swung from a loss of US$0.4 million in Q4 2024 to a profit of US$5.6 million in Q1 2025 before returning to a modest loss in the latest period,...