Geodrill (TSE:GEO) Insider Sustainable Capital Ltd Sells 20,000 Shares

Geodrill Limited (TSE:GEO) insider Sustainable Capital Ltd sold 20,000 shares of the stock in a transaction on Thursday, August 27th. The shares were sold at an average price of C$2.72, for a total value of C$54,400.00. Following the sale, the insider owned 4,445,527 shares in the company, valued at C$12,091,833.44. The trade was a 0.45% decrease in their position.

Geodrill Trading Down 1.1%

GEO stock traded down C$0.03 during mid-day trading on Friday, reaching C$2.76. 10,500 shares of the stock traded hands, compared to its average volume of 25,769. The company has a debt-to-equity ratio of 10.79, a quick ratio of 1.56 and a current ratio of 1.86. Geodrill Limited has a one year low of C$2.37 and a one year high of C$4.29. The stock has a market capitalization of C$131.14 million, a PE ratio of -10.62, a PEG ratio of 0.04 and a beta of 0.92. The business has a 50-day moving average price of C$2.61 and a two-hundred day moving average price of C$2.95.

About Geodrill

Geodrill has been successful in establishing a leading market position in Ghana and Cote d’Ivoire. The Company also operates in other African jurisdictions including Egypt and Senegal and is focusing its South America operations on Chile. With the large fleet of multi-purpose rigs, Geodrill provides a broad selection of diverse drilling services, including exploration, delineation, underground and grade control drilling, to meet the specific needs of its clients. The Company’s client mix is made up of senior mining, intermediate and junior exploration companies.