Sustainable Capital Ltd Sells 50,000 Shares of Geodrill (TSE:GEO) Stock

Geodrill Limited (TSE:GEO) insider Sustainable Capital Ltd sold 50,000 shares of the stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of C$4.10, for a total value of C$205,000.00. Following the completion of the sale, the insider owned 4,465,527 shares of the company’s stock, valued at C$18,308,660.70. The trade was a 1.11% decrease in their position.

Geodrill Price Performance

GEO stock opened at C$4.05 on Friday. The company has a 50 day moving average of C$3.89 and a two-hundred day moving average of C$3.65. The company has a market cap of C$191.01 million, a price-to-earnings ratio of 21.32, a PEG ratio of 0.04 and a beta of 0.63. Geodrill Limited has a 12-month low of C$2.40 and a 12-month high of C$4.29. The company has a quick ratio of 1.56, a current ratio of 2.51 and a debt-to-equity ratio of 2.45.

Geodrill (TSE:GEO) 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 during the quarter. On average, equities analysts anticipate that Geodrill Limited will post 0.3108935 earnings per share for the current fiscal year.

About Geodrill

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.