Geodrill (TSE:GEO) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Geodrill Limited (TSE:GEO) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$2.55 and traded as high as C$3.09. Geodrill shares last traded at C$3.04, with a volume of 14,290 shares traded.

Geodrill Trading Down 2.3 %

The firm has a market cap of C$143.37 million, a PE ratio of 38.00, a P/E/G 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. The company has a 50 day simple moving average of C$2.83 and a two-hundred day simple moving average of C$2.55.

Insider Buying and Selling

In other news, insider Sustainable Capital Ltd sold 173,200 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of C$2.90, for a total value of C$502,591.76. 41.12% of the stock is owned by corporate insiders.

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.