Geodrill Limited (OTCMKTS:GEODF – Get Free Report) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 73,308 shares, a growth of 1,334.0% from the October 15th total of 5,112 shares. Based on an average daily volume of 121,113 shares, the days-to-cover ratio is presently 0.6 days.
Geodrill Price Performance
Shares of Geodrill stock traded up $0.00 during trading on Tuesday, hitting $2.20. 24,019 shares of the stock traded hands, compared to its average volume of 22,392. The firm’s fifty day moving average is $1.93 and its 200-day moving average is $2.12. Geodrill has a 52 week low of $1.65 and a 52 week high of $3.14.
About Geodrill
Geodrill Limited provides contract drilling services to the mining and mineral exploration industries. Its work supports clients exploring for and developing mineral deposits, with services spanning different stages of exploration and mine operations. The company offers diamond core, reverse circulation, air-core, grade-control and underground drilling, along with related drilling services. Geodrill operates primarily in Africa and has also served clients in South America. Founded in 1998, Geodrill was established by Dave Harper, who has led the company as its chief executive officer.
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