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The latest update is out from Geodrill ( (TSE:GEO) ).
Geodrill Limited announced its highest-ever quarterly revenue and EBITDA for Q2 2025, driven by robust demand for drilling services and elevated gold prices. The company reported a 22% increase in revenue to $50.4 million and a 31% rise in EBITDA to $13.9 million compared to the same period last year. Geodrill’s strategic expansion into South America and its strengthened presence in West Africa and Egypt have positioned it well to capitalize on emerging growth opportunities. The company’s strong financial performance underscores its operational efficiency and commitment to sustainable growth, enhancing shareholder value.
Spark’s Take on TSE:GEO Stock
According to Spark, TipRanks’ AI Analyst, TSE:GEO is a Outperform.
Geodrill’s strong financial performance and positive earnings call sentiment are the primary drivers of its stock score. Solid technical indicators and strategic corporate actions further support a positive outlook. Valuation is reasonable, enhancing the investment appeal.
To see Spark’s full report on TSE:GEO stock, click here.
More about Geodrill
Geodrill Limited is a leading drilling company based in West Africa, specializing in providing high-quality drilling services. The company focuses on the mining industry, particularly in gold exploration, and has expanded its operations to include regions such as South America.
Average Trading Volume: 42,770
Technical Sentiment Signal: Buy
Current Market Cap: C$185.8M
See more insights into GEO stock on TipRanks’ Stock Analysis page.