Geodrill (TSE:GEO) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Geodrill Limited (TSE:GEO)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.12 and traded as high as C$3.63. Geodrill shares last traded at C$3.55, with a volume of 14,069 shares changing hands.

Geodrill Stock Performance

The stock has a 50-day moving average of C$3.35 and a 200 day moving average of C$3.12. The stock has a market cap of C$119.21 million, a PE ratio of 14.29, a P/E/G ratio of 0.04 and a beta of 0.86. The company has a quick ratio of 1.56, a current ratio of 2.51 and a debt-to-equity ratio of 2.45.

Insider Activity at Geodrill

In other news, insider Sustainable Capital Ltd sold 12,800 shares of the company’s stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of C$3.50, for a total value of C$44,825.60. Over the last quarter, insiders sold 947,500 shares of company stock valued at $3,357,970. 41.12% of the stock is owned by company 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.