Geodrill (TSE:GEO) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Geodrill Limited (TSE:GEO) 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 trading hands.

Geodrill Stock Up 2.0 %

The business has a 50 day moving average of C$2.92 and a 200 day moving average of C$2.63. The firm has a market capitalization of C$144.78 million, a price-to-earnings ratio of 38.38, a price-to-earnings-growth ratio of 0.04 and a beta of 0.86. 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 stock in a transaction on Monday, November 18th. The stock was 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.

Geodrill Company Profile

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.