Geodrill (TSE:GEO) Hits New 1-Year High – Should You Buy?

Geodrill Limited (TSE:GEO)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$3.11 and last traded at C$3.07, with a volume of 21397 shares. The stock had previously closed at C$3.05.

Geodrill Price Performance

The company has a debt-to-equity ratio of 8.35, a quick ratio of 1.56 and a current ratio of 2.59. The firm has a market capitalization of C$147.14 million, a P/E ratio of 40.00, a price-to-earnings-growth ratio of 0.04 and a beta of 0.86. The company has a 50-day moving average price of C$2.78 and a 200-day moving average price of C$2.53.

Insider Transactions at Geodrill

In related news, insider Sustainable Capital Ltd sold 58,300 shares of the firm’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of C$2.75, for a total transaction of C$160,383.30. 41.12% of the stock is owned by corporate insiders.

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.