Geodrill (TSE:GEO) Shares Cross Above 200 Day Moving Average – Here’s Why

Geodrill Limited (TSE:GEOGet Free Report)’s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$2.63 and traded as high as C$3.08. Geodrill shares last traded at C$3.07, with a volume of 2,587 shares.

Geodrill Trading Up 1.0 %

The stock has a market cap of C$145.72 million, a PE ratio of 38.63, a PEG ratio of 0.04 and a beta of 0.86. The company’s fifty day moving average is C$2.92 and its 200-day moving average is C$2.63. The company has a debt-to-equity ratio of 8.35, a current ratio of 2.59 and a quick ratio of 1.56.

Insider Buying and Selling at Geodrill

In other news, insider Sustainable Capital Ltd sold 58,300 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of C$2.75, for a total transaction of C$160,383.30. Company 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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