Geodrill (TSE:GEO) Stock Price Passes Above Two Hundred Day Moving Average of $1.93

Geodrill Limited (TSE:GEO) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.93 and traded as high as C$2.19. Geodrill shares last traded at C$2.18, with a volume of 368 shares trading hands.

Geodrill Stock Performance

The firm has a fifty day simple moving average of C$2.14 and a 200-day simple moving average of C$1.93. The company has a quick ratio of 1.56, a current ratio of 2.46 and a debt-to-equity ratio of 9.67. The company has a market cap of C$102.81 million, a PE ratio of -218.00, a price-to-earnings-growth ratio of 0.04 and a beta of 0.90.

Geodrill (TSE:GEO) last announced its earnings results on Monday, May 13th. The company reported C$0.05 earnings per share (EPS) for the quarter. The firm had revenue of C$46.74 million during the quarter. Geodrill had a negative return on equity of 0.22% and a negative net margin of 0.10%. On average, research analysts forecast that Geodrill Limited will post 0.2167488 EPS for the current fiscal year.

About Geodrill

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.