Geodrill (TSE:GEO) Shares Pass Above Two Hundred Day Moving Average of $2.23

Geodrill Limited (TSE:GEO) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.23 and traded as high as C$2.62. Geodrill shares last traded at C$2.61, with a volume of 2,700 shares changing hands.

Geodrill Stock Down 0.8 %

The firm has a 50-day moving average of C$2.52 and a two-hundred day moving average of C$2.23. 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 company has a market capitalization of C$123.09 million, a PE ratio of 32.63, a price-to-earnings-growth ratio of 0.04 and a beta of 0.88.

Geodrill (TSE:GEO) last released its quarterly earnings results on Monday, August 12th. The company reported C$0.14 earnings per share for the quarter. The business had revenue of C$56.34 million during the quarter. Geodrill had a return on equity of 2.27% and a net margin of 2.02%. Equities research analysts predict that Geodrill Limited will post 0.3117506 earnings per share for the current fiscal year.

Insider Buying and Selling at Geodrill

In related news, insider Sustainable Capital Ltd sold 424,600 shares of the stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of C$2.71, for a total transaction of C$1,150,666.00. 41.12% of the stock is owned by corporate insiders.

Geodrill Company Profile

Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to mining companies in West Africa, Egypt, Chile, and Peru. It offers reverse circulation, core, air-core, deep directional Navi, water borehole, underground, and horizontal drilling services, as well as reverse circulation and reverse circulation grade control.