Geodrill (TSE:GEO) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Geodrill Limited (TSE:GEO) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$2.55 and traded as high as C$3.09. Geodrill shares last traded at C$3.04, with a volume of 14,290 shares changing hands.

Geodrill Price Performance

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 firm has a market capitalization of C$143.37 million, a PE ratio of 38.00, a PEG ratio of 0.04 and a beta of 0.86. The stock has a 50-day moving average price of C$2.83 and a 200 day moving average price of C$2.55.

Insider Buying and Selling

In related news, insider Sustainable Capital Ltd sold 58,300 shares of Geodrill 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 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.