Geodrill Limited (OTCMKTS:GEODF – Get Free Report) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 18,665 shares, a drop of 66.4% from the June 15th total of 55,573 shares. Based on an average trading volume of 34,945 shares, the short-interest ratio is presently 0.5 days.
Geodrill Stock Performance
Shares of Geodrill stock traded down $0.01 during trading on Wednesday, reaching $1.93. The company had a trading volume of 1,350 shares, compared to its average volume of 22,956. Geodrill has a fifty-two week low of $1.79 and a fifty-two week high of $3.14. The firm’s fifty day moving average is $2.03 and its 200-day moving average is $2.36.
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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