Insider Selling: Geodrill Limited (TSE:GEO) Insider Sells 89,300 Shares of Stock

Geodrill Limited (TSE:GEO - Get Free Report) insider Sustainable Capital Ltd sold 89,300 shares of Geodrill stock in a transaction on Monday, May 26th. The shares were sold at an average price of C$3.70, for a total value of C$330,427.86.

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

• On Thursday, May 29th, Sustainable Capital Ltd sold 2,100 shares of Geodrill stock. The shares were sold at an average price of C$3.62, for a total value of C$7,602.00.
• On Wednesday, May 28th, Sustainable Capital Ltd sold 4,000 shares of Geodrill stock. The shares were sold at an average price of C$3.60, for a total value of C$14,400.00.
• On Tuesday, May 27th, Sustainable Capital Ltd sold 14,100 shares of Geodrill stock. The shares were sold at an average price of C$3.61, for a total value of C$50,950.35.
• On Thursday, May 22nd, Sustainable Capital Ltd sold 421,200 shares of Geodrill stock. The shares were sold at an average price of C$3.55, for a total value of C$1,495,260.00.
• On Wednesday, May 21st, Sustainable Capital Ltd sold 23,500 shares of Geodrill stock. The shares were sold at an average price of C$3.66, for a total value of C$86,010.00.
• On Tuesday, May 20th, Sustainable Capital Ltd sold 106,700 shares of Geodrill stock. The stock was sold at an average price of C$3.73, for a total value of C$397,991.00.
• On Monday, May 12th, Sustainable Capital Ltd sold 117,600 shares of Geodrill stock. The stock was sold at an average price of C$3.32, for a total value of C$390,432.00.
• On Wednesday, March 19th, Sustainable Capital Ltd sold 6,300 shares of Geodrill stock. The stock was sold at an average price of C$3.00, for a total value of C$18,900.00.
• On Friday, March 7th, Sustainable Capital Ltd sold 10,900 shares of Geodrill stock. The stock was sold at an average price of C$3.01, for a total value of C$32,764.31.
• On Monday, March 3rd, Sustainable Capital Ltd sold 29,700 shares of Geodrill stock. The stock was sold at an average price of C$3.18, for a total value of C$94,303.44.

Geodrill Price Performance

GEO stock traded down C$0.06 during mid-day trading on Friday, hitting C$3.41. 69,492 shares of the stock were exchanged, compared to its average volume of 23,640. Geodrill Limited has a 12 month low of C$1.97 and a 12 month high of C$3.80. The company has a debt-to-equity ratio of 2.45, a current ratio of 2.51 and a quick ratio of 1.56. The business has a fifty day moving average price of C$3.07 and a 200 day moving average price of C$3.04. The stock has a market capitalization of C$114.51 million, a price-to-earnings ratio of 13.72, a PEG ratio of 0.04 and a beta of 0.86.

Geodrill (TSE:GEO - Get Free Report) last released its earnings results on Monday, March 3rd. The company reported C($0.01) earnings per share for the quarter, missing analysts' consensus estimates of C$0.04 by C($0.05). Geodrill had a net margin of 5.95% and a return on equity of 7.24%. During the same period in the prior year, the business posted ($0.03) earnings per share. On average, sell-side analysts anticipate that Geodrill Limited will post 0.3108935 EPS for the current 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.