Geodrill Limited (OTCMKTS:GEODF – Get Free Report) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 55,573 shares, a growth of 133.1% from the May 31st total of 23,842 shares. Based on an average daily volume of 37,539 shares, the short-interest ratio is currently 1.5 days.
Geodrill Stock Performance
Geodrill stock traded up $0.01 during mid-day trading on Wednesday, hitting $1.89. The company’s stock had a trading volume of 233 shares, compared to its average volume of 23,491. The business has a 50 day moving average price of $2.11 and a 200-day moving average price of $2.43. Geodrill has a 12 month low of $1.79 and a 12 month high of $3.14.
About Geodrill
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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