Geodrill Limited (OTCMKTS:GEODF – Get Free Report) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 13,203 shares, a decline of 44.0% from the July 15th total of 23,580 shares. Based on an average daily trading volume, of 20,740 shares, the short-interest ratio is presently 0.6 days.
Geodrill Trading Up 1.1%
Shares of OTCMKTS GEODF traded up $0.02 during trading hours on Monday, hitting $1.82. 5,020 shares of the stock were exchanged, compared to its average volume of 21,613. Geodrill has a 12 month low of $1.65 and a 12 month high of $3.14. The firm has a fifty day moving average price of $1.89 and a 200-day moving average price of $2.19.
Geodrill Company Profile
Geodrill Limited is a Ghana-based contract drilling services company catering to mineral exploration and resource development projects in West and Central Africa. The company offers a full suite of drilling solutions, including reverse circulation, diamond core, percussion and wireline logging methods. These capabilities enable Geodrill to generate critical data on mineralisation attributes such as grade, continuity and structural orientation for its mining industry clients.
Established in 2004 and headquartered in Accra, Geodrill has developed operations across multiple jurisdictions, including Burkina Faso, Mali, Côte d’Ivoire, Guinea and the Democratic Republic of Congo.
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