Added to YB: 2024-08-13
Pitch date: 2024-08-12
GEODF [bullish]
Geodrill Limited
+42.64%
current return
Author Info
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Company Info
Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to the mining companies in West Africa, Egypt, Chile, and Peru.
Market Cap
CAD 123.3M
Pitch Price
CAD 2.00
Price Target
3.50 (+22%)
Dividend
N/A
EV/EBITDA
2.76
P/E
9.64
EV/Sales
0.69
Sector
Metals and Mining
Category
value
Adding Three Names to my Model Portfolio - Geodrill Limited
GEODF: Mining rig co. completed mini-turnaround, moved to safer areas. Cheap at 3.7x fwd EBITDA, 0.7x book. Potential double in 18mo if high utilization rates resume. Gold price spike = increased rig demand. Hedge vs recession. Limited downside risk.
Read full article (1 min)