Geodrill (TSE:GEO) Stock Passes Above 200-Day Moving Average Following Insider Selling

Geodrill Limited (TSE:GEOGet Free Report) shares crossed above its 200-day moving average during trading on Friday following insider buying activity. The stock has a 200-day moving average of C$3.14 and traded as high as C$3.58. Geodrill shares last traded at C$3.53, with a volume of 875 shares traded.

Geodrill Price Performance

The stock has a 50 day simple moving average of C$3.42 and a two-hundred day simple moving average of C$3.14. The company has a market cap of C$118.54 million, a price-to-earnings ratio of 14.21, a price-to-earnings-growth ratio of 0.04 and a beta of 0.86. The company has a debt-to-equity ratio of 2.45, a current ratio of 2.51 and a quick ratio of 1.56.

About Geodrill

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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.

Further Reading

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