Geodrill (TSE:GEO) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Geodrill Limited (TSE:GEOGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$3.39 and traded as high as C$3.64. Geodrill shares last traded at C$3.53, with a volume of 35,665 shares changing hands.

Geodrill Stock Down 3.8%

The company has a current ratio of 2.51, a quick ratio of 1.56 and a debt-to-equity ratio of 2.45. The firm has a market cap of C$166.49 million, a PE ratio of 13.07, a P/E/G ratio of 0.04 and a beta of 0.52. The business’s 50-day simple moving average is C$3.41 and its 200 day simple moving average is C$3.39.

Insider Buying and Selling at Geodrill

In other news, insider Sustainable Capital Ltd sold 35,400 shares of the firm’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of C$3.70, for a total value of C$130,980.00. Corporate insiders own 41.12% of the company’s stock.

About Geodrill

(Get Free Report)

Geodrill Ltd is an exploration drilling company. It mainly operates a fleet of multi-purpose, core, air-core, and grade control drill rigs. The company provides reverse circulation, diamond core, air-core, grade control, geo-tech, and water bore drilling services to major, intermediate, and junior mining companies.

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