Geodrill Limited (OTCMKTS:GEODF – Get Free Report) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 5,112 shares, a decrease of 64.6% from the September 30th total of 14,456 shares. Based on an average trading volume of 4,629 shares, the short-interest ratio is currently 1.1 days.
Geodrill Stock Performance
OTCMKTS:GEODF traded up $0.02 during trading hours on Thursday, reaching $2.01. The stock had a trading volume of 13,500 shares, compared to its average volume of 20,747. The stock has a 50 day simple moving average of $1.91 and a 200 day simple moving average of $2.15. Geodrill has a 12-month low of $1.65 and a 12-month high of $3.14.
Geodrill Company Profile
Geodrill Limited is a drilling services company that provides exploration and production drilling for the mining industry. The company works with mining companies and exploration clients to support the discovery, evaluation and development of mineral deposits.
Its services include reverse-circulation, diamond-core, rotary air-blast, air-core and grade-control drilling, along with specialized drilling solutions for challenging geological conditions. Geodrill operates a fleet of drilling rigs and related equipment designed for surface and, in some markets, underground applications.
Founded in 1998, Geodrill has built a presence in West Africa and other international mining regions.
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