Geodrill (TSE:GEO) Stock Crosses Above 200-Day Moving Average – What’s Next?

Geodrill Limited (TSE:GEO)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$3.49 and traded as high as C$4.04. Geodrill shares last traded at C$3.94, with a volume of 136,648 shares trading hands.

Geodrill Stock Up 4.8%

The firm has a market capitalization of C$185.82 million, a P/E ratio of 14.59, a P/E/G ratio of 0.04 and a beta of 0.43. The company has a fifty day simple moving average of C$3.52 and a 200 day simple moving average of C$3.50. The company has a quick ratio of 1.56, a current ratio of 2.51 and a debt-to-equity ratio of 2.45.

Geodrill (TSE:GEO) last announced its quarterly earnings data on Thursday, November 13th. The company reported C($0.03) EPS for the quarter. Geodrill had a net margin of 5.95% and a return on equity of 7.24%. The firm had revenue of C$54.26 million for the quarter. On average, equities analysts expect that Geodrill Limited will post 0.3108935 EPS for the current fiscal year.

Geodrill Company Profile

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.