Added to YB: 2026-08-13
Pitch date: 2026-08-11
GEO.TO [neutral]
Geodrill Limited
+3.61%
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 83.2M
Pitch Price
CAD 2.49
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.36
P/E
-6.51
EV/Sales
0.45
Sector
Metals and Mining
Category
turnaround
Geodrill Limited Q2 2026 Update – GEO.to
GEO.TO (holding update): Q2 2026 rev $55.1M (+9.5% YoY) but GM fell to 16% (-777bps), EBITDA $7.9M (-43%) on Chile productivity losses/mispriced contracts, West African wage/cedi/inflation pressure. WAfrica & Egypt profitable. Unprofitable Chile work to roll off. 4.1x EV/EBITDA, <3x if $30M+ EBITDA returns. CDI tax dispute ongoing. Holds.
Read full article (4 min)