Geodrill (TSE:GEO) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Geodrill Limited (TSE:GEOGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.57 and traded as high as C$3.88. Geodrill shares last traded at C$3.83, with a volume of 5,537 shares.

Geodrill Trading Down 0.3%

The company has a quick ratio of 1.56, a current ratio of 2.51 and a debt-to-equity ratio of 2.45. The business’s fifty day moving average is C$3.69 and its 200-day moving average is C$3.57. The stock has a market capitalization of C$180.63 million, a PE ratio of 20.16, a P/E/G ratio of 0.04 and a beta of 0.51.

Geodrill (TSE:GEOGet Free Report) last posted its quarterly earnings results on Thursday, November 13th. The company reported C($0.03) earnings per share for the quarter. Geodrill had a return on equity of 7.24% and a net margin of 5.95%.The company had revenue of C$54.26 million for the quarter. As a group, analysts anticipate that Geodrill Limited will post 0.3108935 EPS for the current fiscal year.

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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