Geodrill (TSE:GEO) Stock Passes Above 200 Day Moving Average – Time to Sell?

Shares of Geodrill Limited (TSE:GEOGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.67 and traded as high as C$3.06. Geodrill shares last traded at C$3.05, with a volume of 16,870 shares trading hands.

Geodrill Trading Down 1.6 %

The firm has a market capitalization of C$141.48 million, a P/E ratio of 37.50, a PEG ratio of 0.04 and a beta of 0.86. The company has a quick ratio of 1.56, a current ratio of 2.59 and a debt-to-equity ratio of 8.35. The stock has a fifty day simple moving average of C$2.95 and a 200 day simple moving average of C$2.67.

Insider Buying and Selling at Geodrill

In other Geodrill news, insider Sustainable Capital Ltd sold 58,300 shares of the firm’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of C$2.75, for a total value of C$160,383.30. 41.12% of the stock is owned by company insiders.

Geodrill Company Profile

(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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