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Bullboard - Stock Discussion Forum Geodrill Limited GEODF


Primary Symbol: T.GEO

Geodrill Limited is an Isle of Man-based exploration drilling company with a fleet of 76 drill rigs operating in Africa and South America. The Company operates in approximately two continents and seven countries, namely Ghana, Burkina Faso, Cote d’Ivoire, Mali in West Arica; Egypt in North Africa; and Peru and Chile in South America. The Company provides Reverse Circulation, Diamond Core, Deep... see more

TSX:GEO - Post Discussion

Geodrill Limited > Market Movers
View:
Post by retiredcf on May 09, 2023 11:04am

Market Movers

Geodrill Ltd.  was up and nearing a high after reporting a 12-per-cent year-over-year increase in revenue to a record first quarter of $37.6-million.

The Toronto-based company, which focus its operations on West Africa, also said “demand for drilling services has continued to increase” and its expects “the robust mining and exploration cycle will continue in 2023.”

Its shares are now up over 30 per cent in 2023.

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