Sustainable Capital Ltd Sells 50,000 Shares of Geodrill (TSE:GEO) Stock

Geodrill Limited (TSE:GEO) insider Sustainable Capital Ltd sold 50,000 shares of Geodrill stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of C$4.10, for a total value of C$205,000.00. Following the completion of the transaction, the insider owned 4,465,527 shares of the company’s stock, valued at approximately C$18,308,660.70. The trade was a 1.11% decrease in their ownership of the stock.

Geodrill Stock Performance

Shares of TSE:GEO traded up C$0.02 during trading on Wednesday, hitting C$4.06. 23,581 shares of the company traded hands, compared to its average volume of 35,723. The company has a quick ratio of 1.56, a current ratio of 2.51 and a debt-to-equity ratio of 2.45. The business’s fifty day moving average is C$3.87 and its 200-day moving average is C$3.64. The stock has a market capitalization of C$191.48 million, a price-to-earnings ratio of 21.37, a PEG ratio of 0.04 and a beta of 0.63. Geodrill Limited has a one year low of C$2.40 and a one year high of C$4.29.

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

About Geodrill

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.