Geodrill (TSE:GEO) Stock Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Geodrill Limited (TSE:GEO - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.91 and traded as high as C$3.00. Geodrill shares last traded at C$2.91, with a volume of 10,289 shares traded.

Geodrill Stock Performance

The company has a quick ratio of 1.56, a current ratio of 2.51 and a debt-to-equity ratio of 2.45. The stock has a market cap of C$97.72 million, a P/E ratio of 11.71, a price-to-earnings-growth ratio of 0.04 and a beta of 0.86. The firm's 50-day moving average is C$3.06 and its two-hundred day moving average is C$2.91.

Geodrill (TSE:GEO - Get Free Report) last released its quarterly earnings data on Monday, March 3rd. The company reported C($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.04 by C($0.05). Geodrill had a net margin of 5.95% and a return on equity of 7.24%. During the same quarter last year, the business posted ($0.03) earnings per share. As a group, research analysts expect that Geodrill Limited will post 0.3108935 EPS for the current year.

Insider Buying and Selling at Geodrill

In other news, insider Sustainable Capital Ltd sold 9,700 shares of Geodrill stock in a transaction dated Monday, January 27th. The stock was sold at an average price of C$3.18, for a total value of C$30,846.00. Insiders have sold a total of 203,300 shares of company stock worth $642,113 over the last 90 days. 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.