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Geodrill (TSE:GEO) Shares Cross Above Two Hundred Day Moving Average - What's Next?

Geodrill logo with Basic Materials background

Geodrill Limited (TSE:GEO - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-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.

Geodrill Price Performance

The company has a 50 day moving average of C$2.92 and a two-hundred day moving average of C$2.63. The firm has a market cap of C$144.31 million, a P/E ratio of 38.25, 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.

Insider Activity

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. Insiders own 41.12% of the company's stock.

About Geodrill

(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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