Shares of Geodrill Limited (OTCMKTS:GEODF – Get Free Report) crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $1.91 and traded as high as $2.0520. Geodrill shares last traded at $2.04, with a volume of 123,501 shares trading hands.
Geodrill Stock Performance
The company’s 50-day moving average price is $1.91 and its 200 day moving average price is $2.16.
About Geodrill
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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