Geodrill (TSE:GEO) Share Price Crosses Above Two Hundred Day Moving Average of $2.11

Geodrill Limited (TSE:GEO)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$2.11 and traded as high as C$2.89. Geodrill shares last traded at C$2.70, with a volume of 75,880 shares.

Geodrill Stock Up 1.1 %

The stock has a market cap of C$127.33 million, a price-to-earnings ratio of 33.75, a PEG ratio of 0.04 and a beta of 0.87. The stock has a 50 day simple moving average of C$2.35 and a 200 day simple moving average of C$2.11. The company has a quick ratio of 1.56, a current ratio of 2.59 and a debt-to-equity ratio of 8.35.

Geodrill (TSE:GEO) last issued its earnings results on Monday, August 12th. The company reported C$0.14 earnings per share (EPS) for the quarter. The company had revenue of C$56.34 million for the quarter. Geodrill had a return on equity of 2.27% and a net margin of 2.02%. As a group, analysts expect that Geodrill Limited will post 0.2885033 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Sustainable Capital Ltd sold 424,600 shares of the stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of C$2.71, for a total value of C$1,150,666.00. Corporate insiders own 41.12% of the company’s stock.

Geodrill Company Profile

Geodrill Limited, together with its subsidiaries, provides mineral exploration drilling services to mining companies in West Africa, Egypt, Chile, and Peru. It offers reverse circulation, core, air-core, deep directional Navi, water borehole, underground, and horizontal drilling services, as well as reverse circulation and reverse circulation grade control.