Shares of Geodrill Limited (OTCMKTS:GEODF – Get Free Report) dropped 4.1% during trading on Tuesday . The company traded as low as $2.0910 and last traded at $2.10. Approximately 4,322 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 24,730 shares. The stock had previously closed at $2.19.
Geodrill Price Performance
The business’s 50 day moving average is $2.48 and its 200 day moving average is $2.62.
About Geodrill
Geodrill Limited is a Ghana-based contract drilling services company catering to mineral exploration and resource development projects in West and Central Africa. The company offers a full suite of drilling solutions, including reverse circulation, diamond core, percussion and wireline logging methods. These capabilities enable Geodrill to generate critical data on mineralisation attributes such as grade, continuity and structural orientation for its mining industry clients.
Established in 2004 and headquartered in Accra, Geodrill has developed operations across multiple jurisdictions, including Burkina Faso, Mali, Côte d’Ivoire, Guinea and the Democratic Republic of Congo.
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