Orbit Garant Drilling (TSE:OGD) Insider Sylvain Laroche Sells 17,500 Shares of Stock

Orbit Garant Drilling Inc. (TSE:OGD) insider Sylvain Laroche sold 17,500 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of C$1.53, for a total value of C$26,775.00. Following the completion of the sale, the insider owned 228,970 shares of the company’s stock, valued at C$350,324.10. This trade represents a 7.10% decrease in their ownership of the stock.

Orbit Garant Drilling Stock Up 4.0%

Orbit Garant Drilling stock opened at C$1.56 on Wednesday. The stock has a market capitalization of C$59.55 million, a PE ratio of 22.29, a price-to-earnings-growth ratio of 0.65 and a beta of 1.45. Orbit Garant Drilling Inc. has a 12 month low of C$1.16 and a 12 month high of C$2.48. The business has a 50 day simple moving average of C$1.75 and a 200-day simple moving average of C$1.70. The company has a debt-to-equity ratio of 58.84, a current ratio of 2.24 and a quick ratio of 1.01.

Orbit Garant Drilling Company Profile

Orbit Garant Drilling Inc is a Canadian based drilling company providing services to mining companies through all stages of exploration, development, and production. The company operates a surface and underground diamond drilling business. The firm also manufactures conventional drill rigs while also manufacturing and providing other support equipment such as water recirculation systems, heat recovery systems, and fuel-efficient systems. The company operates in Canada, the United States, Central and South America, and West Africa.