Orbit Garant Drilling (TSE:OGD) Releases Earnings Results

Orbit Garant Drilling (TSE:OGD) posted its quarterly earnings data on Wednesday. The company reported C($0.02) EPS for the quarter, FiscalAI reports. The company had revenue of C$60.13 million for the quarter. Orbit Garant Drilling had a negative net margin of 0.75% and a negative return on equity of 2.18%.

Orbit Garant Drilling Trading Up 2.7%

OGD stock traded up C$0.03 on Wednesday, hitting C$1.16. 103 shares of the company were exchanged, compared to its average volume of 35,316. Orbit Garant Drilling has a twelve month low of C$0.91 and a twelve month high of C$2.48. The company has a debt-to-equity ratio of 63.01, a current ratio of 1.86 and a quick ratio of 1.01. The business’s fifty day moving average is C$1.19 and its two-hundred day moving average is C$1.52. The stock has a market capitalization of C$44.37 million, a price-to-earnings ratio of -29.00, a price-to-earnings-growth ratio of 0.65 and a beta of 1.53.

Orbit Garant Drilling Company Profile

Headquartered in Val-d’Or, Quebec, Orbit Garant is one of the largest Canadian-based mineral drilling companies, providing both underground and surface drilling services in Canada and internationally through its 180 drill rigs and approximately 1,300 employees. Orbit Garant provides services to major, intermediate and junior mining companies, through each stage of mining exploration, development and production. The Company also provides geotechnical drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies.