Geodrill (TSE:GEO) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Geodrill Limited (TSE:GEOGet Free Report)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$2.59 and traded as high as C$3.01. Geodrill shares last traded at C$3.01, with a volume of 1,302 shares changing hands.

Geodrill Trading Down 1.0 %

The company has a 50 day moving average of C$2.88 and a 200 day moving average of C$2.59. The firm has a market cap of C$141.95 million, a P/E ratio of 37.63, a PEG ratio of 0.04 and a beta of 0.86. The company has a debt-to-equity ratio of 8.35, a quick ratio of 1.56 and a current ratio of 2.59.

Insiders Place Their Bets

In other Geodrill news, insider Sustainable Capital Ltd sold 58,300 shares of the company’s stock in a transaction that occurred 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. Insiders own 41.12% of the company’s stock.

Geodrill Company Profile

(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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