Insider Selling: Geodrill (TSE:GEO) Insider Sells C$27,371.00 in Stock

Geodrill Limited (TSE:GEO) insider Sustainable Capital Ltd sold 10,100 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of C$2.71, for a total value of C$27,371.00. Following the completion of the sale, the insider directly owned 4,435,427 shares of the company’s stock, valued at C$12,020,007.17. The trade was a 0.23% decrease in their ownership of the stock.

Sustainable Capital Ltd also recently made the following trade(s):

• On Thursday, August 27th, Sustainable Capital Ltd sold 20,000 shares of Geodrill stock. The shares were sold at an average price of C$2.72, for a total transaction of C$54,400.00.

Geodrill Stock Performance

GEO stock traded down C$0.03 on Wednesday, hitting C$2.67. The company’s stock had a trading volume of 4,815 shares, compared to its average volume of 25,147. The firm has a 50 day moving average of C$2.62 and a two-hundred day moving average of C$2.91. Geodrill Limited has a 1 year low of C$2.37 and a 1 year high of C$4.29. The stock has a market cap of C$126.86 million, a price-to-earnings ratio of -10.27, a price-to-earnings-growth ratio of 0.04 and a beta of 0.84. The company has a current ratio of 1.86, a quick ratio of 1.56 and a debt-to-equity ratio of 10.79.

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.