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

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

Geodrill Stock Performance

TSE:GEO opened at C$2.75 on Friday. The company’s 50-day moving average is C$2.61 and its two-hundred day moving average is C$2.95. Geodrill Limited has a 1-year low of C$2.37 and a 1-year high of C$4.29. The company has a debt-to-equity ratio of 10.79, a current ratio of 1.86 and a quick ratio of 1.56. The firm has a market capitalization of C$130.66 million, a price-to-earnings ratio of -10.58, a PEG ratio of 0.04 and a beta of 0.92.

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.