Geodrill (TSE:GEO) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Geodrill Limited (TSE:GEO)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.70 and traded as high as C$3.20. Geodrill shares last traded at C$3.16, with a volume of 16,984 shares trading hands.

Geodrill Stock Performance

The stock has a market cap of C$149.03 million, a price-to-earnings ratio of 39.50, 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 2.59 and a debt-to-equity ratio of 8.35. The company has a 50 day simple moving average of C$2.97 and a 200 day simple moving average of C$2.70.

Insider Activity at Geodrill

In other Geodrill news, insider Sustainable Capital Ltd sold 58,300 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of C$2.75, for a total value of C$160,383.30. 41.12% of the stock is currently owned by insiders.

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.