This company was recommended by the independent newsletter, BLSH. It's business is in contract drilling and geotechnical services. Earnings ($1.6M US) and revenues ($6M US) have doubled so far this year. There are 13 M shares o/s. EPS for 6 months is approx. $0.17 CDN. Second half results are stronger and company should earn at least $0.40 CDN. This stock is currently trading at $2.85 CDN or 7X earnings. Does anyone have a opinion on this stock?
Due your due diligence at company's website:
sednageotech.com |