Geodrill Limited (OTCMKTS:GEODF – Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 73,308 shares, an increase of 1,334.0% from the October 15th total of 5,112 shares. Based on an average daily trading volume, of 121,113 shares, the days-to-cover ratio is currently 0.6 days.
Geodrill Price Performance
Shares of GEODF opened at $2.20 on Wednesday. The firm has a 50 day moving average of $1.93 and a 200 day moving average of $2.12. Geodrill has a twelve month low of $1.65 and a twelve month high of $3.14.
Geodrill Company Profile
Geodrill Limited provides contract drilling services to the mining and mineral exploration industries. Its work supports clients exploring for and developing mineral deposits, with services spanning different stages of exploration and mine operations. The company offers diamond core, reverse circulation, air-core, grade-control and underground drilling, along with related drilling services. Geodrill operates primarily in Africa and has also served clients in South America. Founded in 1998, Geodrill was established by Dave Harper, who has led the company as its chief executive officer.
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