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Geodrill (TSE:GEO) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

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Geodrill Limited (TSE:GEO - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.90 and traded as high as C$2.93. Geodrill shares last traded at C$2.91, with a volume of 9,760 shares trading hands.

Geodrill Stock Performance

The firm has a fifty day moving average price of C$3.07 and a 200 day moving average price of C$2.90. The firm has a market capitalization of C$96.71 million, a PE ratio of 11.59, a P/E/G ratio of 0.04 and a beta of 0.86. The company has a debt-to-equity ratio of 2.45, a current ratio of 2.51 and a quick ratio of 1.56.

Geodrill (TSE:GEO - Get Free Report) last posted its quarterly earnings data on Monday, March 3rd. The company reported C($0.01) EPS for the quarter, missing analysts' consensus estimates 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 in the previous year, the business earned ($0.03) EPS. Research analysts anticipate that Geodrill Limited will post 0.3108935 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Sustainable Capital Ltd sold 17,600 shares of the company's stock in a transaction on Monday, February 10th. The stock was sold at an average price of C$3.12, for a total transaction of C$54,912.00. In the last 90 days, insiders sold 203,300 shares of company stock valued at $642,113. Company 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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