Key Points
- Sustainable Capital Ltd sold 10,100 Geodrill shares at an average price of C$2.71, generating proceeds of C$27,371 and reducing its position by 0.23%.
- Following the transaction, the insider retained 4,435,427 shares valued at approximately C$12.02 million. Sustainable Capital had also sold 20,000 shares in late August.
- Geodrill shares opened at C$2.67, with the stock trading below its 200-day moving average of C$2.90 and within a 12-month range of C$2.37 to C$4.29.
Geodrill Limited (TSE:GEO - Get Free Report) insider Sustainable Capital Ltd sold 10,100 shares of the firm's 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. This trade represents a 0.23% decrease in their position.
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 stock was sold at an average price of C$2.72, for a total value of C$54,400.00.
Geodrill Stock Performance
Shares of GEO stock opened at C$2.67 on Thursday. The company has a current ratio of 1.86, a quick ratio of 1.56 and a debt-to-equity ratio of 10.79. The firm has a fifty day simple moving average of C$2.62 and a two-hundred day simple moving average of C$2.90. Geodrill Limited has a 12 month low of C$2.37 and a 12 month high of C$4.29. The firm has a market capitalization of C$126.86 million, a PE ratio of -10.27, a price-to-earnings-growth ratio of 0.04 and a beta of 0.84.
About Geodrill
(
Get Free Report)
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.
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