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Geodrill (GEO) AI Stock Analysis
Geodrill
(TSX:GEO)
Profitability deterioration and margin compression are the dominant risks, partially mitigated by balance sheet strength, record revenue demand, and short-term bullish technical signals.
Geodrill (GEO) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 134.70M
- Dividend Yield
- ―
- Average Volume (3M)
- 25.61K
- Price to Earnings (P/E)
- -7.5
- Beta (1Y)
- 1.24
- Revenue Growth
- 12.59%
- EPS Growth
- -194.85%
- Country
- Canada
- Employees
- 52
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Geodrill Business Overview & Revenue Model
Company Description
Geodrill Limited, along with its subsidiaries, delivers specialized mineral exploration drilling services to mining enterprises operating in West Africa, Zambia, and Peru. The company offers a broad spectrum of drilling solutions, encompassing revers...
How the Company Makes Money
Geodrill makes money primarily by providing contract drilling services to mineral exploration and mining customers. Revenue is generated through drilling contracts where the company is paid for delivering meters drilled and/or time and equipment used...
Geodrill Earnings Call Summary
The call presents a mixed picture: strong top-line performance and robust market demand (record revenue, healthy fleet utilization, multi-year customer commitments) but material deterioration in profitability driven by inflationary pressures, currency effects and operational issues (notably in Chile). Management emphasizes execution and converting current demand into improved margins, while taking steps to address underperforming Chilean contracts and retaining cash to support operations.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
The company’s guidance emphasized execution to convert record activity into profitability: with Q2 revenue of $55.1M (+10% y/y) and a modern fleet of 104 rigs, management said it will focus on improving Chile performance, driving productivity gains and cost control to lift gross profit ($8.8M in Q2; gross margin 16% vs 24% LY) and EBITDA ($7.9M; EBITDA margin 14% vs 28% LY) after a Q2 net loss of ~ $0.2M (vs. $5.4M net income in Q2 2025). Management reiterated a constructive market backdrop (healthy exploration budgets, strong gold and copper fundamentals, multi‑rig/multi‑year commitments), will prioritize maintaining cash on the balance sheet (shareholders’ equity ~ $118M) over buybacks/dividends for now, and will pursue client‑by‑client streamlining in Chile while continuing Cote d’Ivoire repayments (scheduled $8.4M; ~ $4.5M repaid through June, monthly payments reduced from ~ $900k to $450k).
Geodrill Financial Statement Overview
Summary
Strong balance sheet with minimal leverage supports stability, but severe margin compression and shift to net losses create significant profitability concerns.
Income Statement
38NegativeBalance Sheet
79PositiveCash Flow
47Neutral| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 187.89M | 188.15M | 143.05M | 130.54M | 138.63M | 115.21M |
| Gross Profit | 22.98M | 33.19M | 34.68M | 30.59M | 40.58M | 30.10M |
| EBITDA | 21.94M | 30.92M | 31.16M | 20.56M | 38.35M | 29.45M |
| Net Income | -12.86M | -1.55M | 9.26M | 3.90M | 18.92M | 14.14M |
Balance Sheet | ||||||
| Total Assets | 183.35M | 176.28M | 161.49M | 148.61M | 141.23M | 116.56M |
| Cash, Cash Equivalents and Short-Term Investments | 10.82M | 18.93M | 19.52M | 15.81M | 15.11M | 13.53M |
| Total Debt | 12.78M | 10.26M | 3.45M | 978.29K | 5.82M | 7.61M |
| Total Liabilities | 65.78M | 59.08M | 41.97M | 38.65M | 34.17M | 29.03M |
| Stockholders Equity | 118.44M | 117.90M | 119.88M | 110.12M | 107.07M | 87.55M |
Cash Flow | ||||||
| Free Cash Flow | -7.18M | -1.82M | 372.49K | -4.28M | 8.40M | 150.12K |
| Operating Cash Flow | 8.71M | 16.40M | 21.05M | 11.00M | 25.29M | 14.78M |
| Investing Cash Flow | -19.94M | -18.22M | -20.68M | -15.28M | -16.88M | -14.63M |
| Financing Cash Flow | -8.95M | -2.83M | -2.35M | 5.39M | -2.85M | 2.83M |
Geodrill Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GEO, the sentiment is Positive. The current price of 2.83 is above the 20-day moving average (MA) of 2.64, above the 50-day MA of 2.68, and below the 200-day MA of 2.95, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 59.94 is Neutral, neither overbought nor oversold. The STOCH value of 80.15 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GEO.
Geodrill Peers Comparison
Overall Rating
TSE:GMX63Neutral
TSE:AGX61Neutral- TSE:GEO53Neutral
TSE:FAR50Neutral
TSE:OGD41Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:GMX | 63Neutral | CAD 113.88M | 13.22 | 20.67% | ― | 176.97% | 1835.90% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:AGX | 61Neutral | CAD 195.05M | 47.36 | 7.81% | ― | 108.81% | ― |
| TSE:GEO | 53Neutral | CAD 134.70M | -7.50 | -10.61% | ― | 12.59% | -194.85% |
| TSE:FAR | 50Neutral | CAD 217.23M | 13.66 | 11.36% | ― | 16.55% | -31.54% |
| TSE:OGD | 41Neutral | CAD 45.52M | -30.28 | -2.18% | ― | 7.49% | -119.48% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:GEO | Geodrill Limited Ord | 2.83 | -0.80 | -22.01% | |
| TSE:FAR | Foraco International | 2.22 | 0.27 | 13.85% | |
| TSE:GMX | Globex Mining Enterprises Inc. | 2.00 | 0.26 | 14.94% | |
| TSE:OGD | Orbit Garant Drill | 1.19 | -0.41 | -25.63% | |
| TSE:AGX | Silver X Mining Corp. | 0.68 | 0.20 | 40.21% |
Geodrill Corporate Events
Geodrill Sets Date to Unveil Q3 2026 Results
NeutralGeodrill Limited, a leading drilling contractor in West Africa with expanding operations in other African countries and Chile, provides a wide range of services from exploration to grade control drilling for major, intermediate and junior mining and...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 27, 2026