Insider Selling: Geodrill Limited (TSE:GEO) Insider Sells 35,400 Shares of Stock

Key Points

• Sustainable Capital Ltd sold a total of C$130,980.00 worth of Geodrill stock on August 6th, with 35,400 shares sold at an average price of C$3.70.
• The insider trading activity includes multiple transactions in July, accumulating significant sales that total over C$1 million in value.
• As of the latest trading session, Geodrill's stock is priced at C$3.69, down 2.1%, with a market cap of C$123.91 million.

Geodrill Limited (TSE:GEO - Get Free Report) insider Sustainable Capital Ltd sold 35,400 shares of the stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of C$3.70, for a total transaction of C$130,980.00.

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

• On Thursday, July 24th, Sustainable Capital Ltd sold 60,000 shares of Geodrill stock. The stock was sold at an average price of C$3.70, for a total transaction of C$222,000.00.
• On Tuesday, July 22nd, Sustainable Capital Ltd sold 41,700 shares of Geodrill stock. The shares were sold at an average price of C$3.63, for a total transaction of C$151,371.00.
• On Thursday, July 17th, Sustainable Capital Ltd sold 135,900 shares of Geodrill stock. The shares were sold at an average price of C$3.50, for a total transaction of C$475,650.00.
• On Wednesday, July 16th, Sustainable Capital Ltd sold 30,200 shares of Geodrill stock. The shares were sold at an average price of C$3.60, for a total transaction of C$108,720.00.
• On Monday, July 14th, Sustainable Capital Ltd sold 59,800 shares of Geodrill stock. The shares were sold at an average price of C$3.55, for a total transaction of C$212,290.00.
• On Tuesday, July 8th, Sustainable Capital Ltd sold 143,800 shares of Geodrill stock. The shares were sold at an average price of C$3.55, for a total transaction of C$511,036.44.
• On Thursday, July 3rd, Sustainable Capital Ltd sold 37,400 shares of Geodrill stock. The shares were sold at an average price of C$3.58, for a total value of C$133,798.50.
• On Friday, June 20th, Sustainable Capital Ltd sold 2,700 shares of Geodrill stock. The shares were sold at an average price of C$3.50, for a total value of C$9,450.00.
• On Wednesday, June 18th, Sustainable Capital Ltd sold 24,300 shares of Geodrill stock. The stock was sold at an average price of C$3.45, for a total value of C$83,859.30.
• On Tuesday, June 17th, Sustainable Capital Ltd sold 40,300 shares of Geodrill stock. The stock was sold at an average price of C$3.46, for a total value of C$139,583.08.

Geodrill Price Performance

TSE GEO traded down C$0.18 during trading hours on Monday, reaching C$3.76. 100,330 shares of the company's stock were exchanged, compared to its average volume of 27,686. The stock has a market cap of C$126.27 million, a PE ratio of 15.13, a price-to-earnings-growth ratio of 0.04 and a beta of 0.86. The company has a current ratio of 2.51, a quick ratio of 1.56 and a debt-to-equity ratio of 2.45. The firm has a fifty day moving average of C$3.60 and a 200-day moving average of C$3.25. Geodrill Limited has a one year low of C$2.40 and a one year high of C$4.15.

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.