Executive Summary
Geodrill Limited, together with its subsidiaries, provides exploration and development drilling services to major, intermediate, and junior mining companies with exploration, development, and production operations in West Africa and the African copper belt. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Similar Companies
Share Price & News
How has Geodrill's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GEO is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: GEO's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-4.5%
GEO
-2.3%
CA Metals and Mining
2.7%
CA Market
1 Year Return
22.1%
GEO
36.5%
CA Metals and Mining
0.5%
CA Market
Return vs Industry: GEO underperformed the Canadian Metals and Mining industry which returned 36.5% over the past year.
Return vs Market: GEO exceeded the Canadian Market which returned 0.5% over the past year.
Shareholder returns
| GEO | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.5% | -2.3% | 2.7% |
| 30 Day | -10.0% | -5.6% | 12.7% |
| 90 Day | -13.2% | -12.7% | 7.5% |
| 1 Year | 22.1%22.1% | 37.7%36.5% | 4.2%0.5% |
| 3 Year | -16.6%-16.6% | 42.3%39.3% | 12.8%1.9% |
| 5 Year | 210.9%210.9% | 131.8%124.7% | 49.7%26.8% |
Long-Term Price Volatility Vs. Market
How volatile is Geodrill's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Geodrill Limited (TSE:GEO) On An Uptrend: Could Fundamentals Be Driving The Stock?1 month ago | Simply Wall St
These 4 Measures Indicate That Geodrill (TSE:GEO) Is Using Debt Reasonably Well2 months ago | Simply Wall St
Did You Miss Geodrill's (TSE:GEO) Impressive 217% Share Price Gain?Valuation
Is Geodrill undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GEO (CA$1.71) is trading below our estimate of fair value (CA$11.27)
Significantly Below Fair Value: GEO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GEO is good value based on its PE Ratio (13.3x) compared to the CA Metals and Mining industry average (18.1x).
PE vs Market: GEO is good value based on its PE Ratio (13.3x) compared to the Canadian market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GEO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GEO is good value based on its PB Ratio (0.8x) compared to the CA Metals and Mining industry average (2.6x).
Next Steps
Future Growth
How is Geodrill forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
17.4%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if GEO's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if GEO's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GEO's revenue (17.4% per year) is forecast to grow faster than the Canadian market (6.2% per year).
High Growth Revenue: GEO's revenue (17.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if GEO's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Geodrill performed over the past 5 years?
9.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GEO has high quality earnings.
Growing Profit Margin: GEO's current net profit margins (5.9%) are higher than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: GEO has become profitable over the past 5 years, growing earnings by 9.6% per year.
Accelerating Growth: GEO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GEO had negative earnings growth (-15.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (93.2%).
Return on Equity
High ROE: GEO's Return on Equity (6.2%) is considered low.
Next Steps
Financial Health
How is Geodrill's financial position?
Financial Position Analysis
Short Term Liabilities: GEO's short term assets ($47.3M) exceed its short term liabilities ($13.9M).
Long Term Liabilities: GEO's short term assets ($47.3M) exceed its long term liabilities ($3.2M).
Debt to Equity History and Analysis
Debt Level: GEO's debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: GEO's debt to equity ratio has reduced from 14.8% to 2.9% over the past 5 years.
Debt Coverage: GEO's debt is well covered by operating cash flow (485.9%).
Interest Coverage: GEO's interest payments on its debt are well covered by EBIT (24.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Geodrill current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GEO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GEO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GEO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GEO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GEO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
8.3yrs
Average management tenure
CEO
Dave Harper
no data
Tenure
US$1,356,120
Compensation
Mr. David Michael Harper, also known as Dave, FAIA, LEED AP, serves as the Chairman and Chief Executive Officer of HKS HADP Studio. Mr. Harper serves as the Chief Executive Officer and President of GEODRIL...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD1.36M) is above average for companies of similar size in the Canadian market ($USD163.92K).
Compensation vs Earnings: Dave's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | no data | US$1.36m | 39.99% $ 30.3m | |
| Chief Financial Officer | 8.25yrs | US$750.93k | 1.04% $ 785.9k | |
| Chief Operating Officer | 10yrs | US$759.45k | 4.75% $ 3.6m | |
| Corporate Secretary | 7.17yrs | US$113.55k | 0.10% $ 76.6k |
8.3yrs
Average Tenure
Experienced Management: GEO's management team is seasoned and experienced (8.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | no data | US$1.36m | 39.99% $ 30.3m | |
| Independent Director | 9yrs | US$97.44k | 0.57% $ 434.2k | |
| Independent Director | 1.5yrs | US$39.44k | no data | |
| Independent Chairman of the Board | 9.92yrs | US$105.16k | 0.39% $ 298.0k |
9.5yrs
Average Tenure
Experienced Board: GEO's board of directors are considered experienced (9.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Geodrill Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Geodrill Limited
- Ticker: GEO
- Exchange: TSX
- Founded: 1998
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$75.851m
- Shares outstanding: 44.36m
- Website: https://www.geodrill-gh.com
Number of Employees
Location
- Geodrill Limited
- Ragnall House
- South Suite
- Douglas
- IM1 4LZ
- Isle of Man
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| GEO | TSX (The Toronto Stock Exchange) | Yes | Ordinary Shares | CA | CAD | Dec 2010 |
| GDLL.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 2010 |
Biography
Geodrill Limited, together with its subsidiaries, provides exploration and development drilling services to major, intermediate, and junior mining companies with exploration, development, and production op...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/29 23:29 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.