Separately, TD Securities lowered their price target on shares of Geodrill from C$3.50 to C$2.75 in a research report on Tuesday.
TSE:GEO opened at C$1.47 on Tuesday. Geodrill has a 12 month low of C$1.40 and a 12 month high of C$2.33. The company has a current ratio of 2.11, a quick ratio of 1.35 and a debt-to-equity ratio of 12.28.
In other Geodrill news, insider Sustainable Capital Ltd purchased 47,200 shares of the stock in a transaction that occurred on Monday, November 12th. The stock was bought at an average cost of C$1.52 per share, with a total value of C$71,744.00.
Geodrill Company Profile
Geodrill Limited, together with its subsidiaries, provides exploration and development drilling services to various mining companies with exploration, development, and production operations in West Africa and the African copper belt. The company offers reverse circulation (RC), diamond core, air-core, directional, RC grade control, water bore, and underground drilling services.
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