Geodrill (TSE:GEO) Stock Passes Above 200-Day Moving Average – Should You Sell?

Geodrill Limited (TSE:GEO) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$3.55 and traded as high as C$3.79. Geodrill shares last traded at C$3.74, with a volume of 7,248 shares.

Geodrill Trading Down 0.5%

The firm has a market capitalization of C$176.39 million, a price-to-earnings ratio of 19.68, a price-to-earnings-growth ratio of 0.04 and a beta of 0.43. The company has a fifty day moving average price of C$3.60 and a 200-day moving average price of C$3.55. The company has a current ratio of 2.51, a quick ratio of 1.56 and a debt-to-equity ratio of 2.45.

Geodrill (TSE:GEO) last released its quarterly earnings data on Thursday, November 13th. The company reported C($0.03) EPS for the quarter. The firm had revenue of C$54.26 million during the quarter. Geodrill had a return on equity of 7.24% and a net margin of 5.95%. On average, equities research analysts predict 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.