Geodrill (TSE:GEO) Reaches New 1-Year High – Here’s Why

Geodrill Limited (TSE:GEOGet Free Report)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$2.95 and last traded at C$2.90, with a volume of 17999 shares. The stock had previously closed at C$2.86.

Geodrill Price Performance

The company has a current ratio of 2.59, a quick ratio of 1.56 and a debt-to-equity ratio of 8.35. The business’s fifty day moving average is C$2.75 and its 200 day moving average is C$2.50. The company has a market cap of C$139.12 million, a P/E ratio of 36.88, a PEG ratio of 0.04 and a beta of 0.86.

Insider Activity

In other news, insider Sustainable Capital Ltd sold 58,300 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of C$2.75, for a total transaction of C$160,383.30. Insiders own 41.12% of the company’s stock.

About Geodrill

(Get Free Report)

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.

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