Geodrill Limited (OTCMKTS:GEODF – Get Free Report) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 18,665 shares, a decline of 66.4% from the June 15th total of 55,573 shares. Based on an average daily volume of 34,945 shares, the short-interest ratio is presently 0.5 days.
Geodrill Price Performance
OTCMKTS GEODF opened at $1.94 on Monday. The company has a fifty day simple moving average of $2.05 and a two-hundred day simple moving average of $2.38. Geodrill has a 12-month low of $1.79 and a 12-month high of $3.14.
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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