Geodrill Limited (OTCMKTS:GEODF) Short Interest Update

Geodrill Limited (OTCMKTS:GEODFGet Free Report) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 4,627 shares, a decrease of 78.1% from the April 30th total of 21,128 shares. Based on an average trading volume of 67,895 shares, the short-interest ratio is currently 0.1 days.

Geodrill Price Performance

GEODF traded up $0.02 during mid-day trading on Friday, hitting $2.17. 37,786 shares of the stock were exchanged, compared to its average volume of 24,822. The firm’s fifty day moving average is $2.19 and its two-hundred day moving average is $2.53. Geodrill has a 1-year low of $1.92 and a 1-year high of $3.14.

Geodrill Company Profile

(Get Free Report)

Geodrill Limited is a Ghana-based contract drilling services company catering to mineral exploration and resource development projects in West and Central Africa. The company offers a full suite of drilling solutions, including reverse circulation, diamond core, percussion and wireline logging methods. These capabilities enable Geodrill to generate critical data on mineralisation attributes such as grade, continuity and structural orientation for its mining industry clients.

Established in 2004 and headquartered in Accra, Geodrill has developed operations across multiple jurisdictions, including Burkina Faso, Mali, Côte d’Ivoire, Guinea and the Democratic Republic of Congo.

Read More

Receive News & Ratings for Geodrill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Geodrill and related companies with MarketBeat.com's FREE daily email newsletter.