Geodrill (OTCMKTS:GDLLF) Stock Price Up 0.7% – Should You Buy?

Geodrill Limited (OTCMKTS:GDLLF – Get Free Report)’s stock price shot up 0.7% on Friday. The stock traded as high as $1.85 and last traded at $1.8420. 3,700 shares changed hands during trading, a decline of 33% from the average session volume of 5,553 shares. The stock had previously closed at $1.83.

Geodrill Price Performance

The company has a 50-day moving average of $1.90 and a 200-day moving average of $2.02.

Geodrill Company Profile

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Geodrill Limited is a contract drilling services company that supports mineral exploration and mining operations. The company provides drilling solutions used to identify and evaluate mineral deposits, including reverse circulation, diamond core, air-core, grade-control, water-well and geotechnical drilling services.

Geodrill serves clients primarily in Africa, with operations and project experience in countries including Ghana, Burkina Faso, Côte d’Ivoire, Mali and Egypt. Its drilling fleet and technical capabilities are designed to support exploration programs for gold and other minerals in a range of geological and operating environments.

Founded in 1998, Geodrill has grown from a West African drilling contractor into an international exploration-services provider.

Further Reading

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