Insider Selling: Geodrill (TSE:GEO) Insider Sells C$54,400.00 in Stock

Geodrill Limited (TSE:GEOGet Free Report) insider Sustainable Capital Ltd sold 20,000 shares of Geodrill stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of C$2.72, for a total transaction of C$54,400.00. Following the transaction, the insider owned 4,445,527 shares of the company’s stock, valued at C$12,091,833.44. This represents a 0.45% decrease in their ownership of the stock.

Geodrill Stock Performance

TSE:GEO opened at C$2.75 on Monday. The company has a debt-to-equity ratio of 10.79, a current ratio of 1.86 and a quick ratio of 1.56. Geodrill Limited has a one year low of C$2.37 and a one year high of C$4.29. The company has a market cap of C$130.66 million, a PE ratio of -10.58, a PEG ratio of 0.04 and a beta of 0.92. The firm has a 50-day moving average of C$2.61 and a 200-day moving average of C$2.95.

Geodrill Company Profile

(Get Free Report)

Geodrill has been successful in establishing a leading market position in Ghana and Cote d’Ivoire. The Company also operates in other African jurisdictions including Egypt and Senegal and is focusing its South America operations on Chile. With the large fleet of multi-purpose rigs, Geodrill provides a broad selection of diverse drilling services, including exploration, delineation, underground and grade control drilling, to meet the specific needs of its clients. The Company’s client mix is made up of senior mining, intermediate and junior exploration companies.

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