Geodrill (TSE:GEO) Hits New 1-Year High - Still a Buy?

Geodrill Limited (TSE:GEO - Get Free Report) reached a new 52-week high on Friday . The stock traded as high as C$3.26 and last traded at C$3.22, with a volume of 26822 shares trading hands. The stock had previously closed at C$3.18.

Geodrill Stock Up 0.6 %

The stock has a market capitalization of C$108.13 million, a PE ratio of 12.96, a P/E/G ratio of 0.04 and a beta of 0.86. The firm has a 50 day moving average of C$3.09 and a two-hundred day moving average of C$2.83. The company has a current ratio of 2.51, a quick ratio of 1.56 and a debt-to-equity ratio of 2.45.

Insiders Place Their Bets

In other Geodrill news, insider Sustainable Capital Ltd sold 63,600 shares of the firm's stock in a transaction on Thursday, February 13th. The stock was sold at an average price of C$3.21, for a total transaction of C$204,156.00. Over the last 90 days, insiders sold 90,900 shares of company stock valued at $289,914. Corporate 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.