Geodrill Limited (OTCMKTS:GDLLF – Get Free Report) was up 0.7% on Friday. The company traded as high as $1.85 and last traded at $1.8420. 3,700 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 5,553 shares. The stock had previously closed at $1.83.
Geodrill Stock Performance
The stock has a fifty day simple moving average of $1.90 and a 200-day simple moving average of $2.02.
About Geodrill
Geodrill Limited is a contract drilling services company that supports mineral exploration and mining operations. The company provides drilling solutions used to identify and evaluate mineral deposits, including reverse circulation, diamond core, air-core, grade-control, water-well and geotechnical drilling services.
Geodrill serves clients primarily in Africa, with operations and project experience in countries including Ghana, Burkina Faso, Côte d’Ivoire, Mali and Egypt. Its drilling fleet and technical capabilities are designed to support exploration programs for gold and other minerals in a range of geological and operating environments.
Founded in 1998, Geodrill has grown from a West African drilling contractor into an international exploration-services provider.
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