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

Orbit Garant Drilling Inc. (TSE:OGD) insider Sylvain Laroche sold 17,500 shares of the company’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of C$1.30, for a total value of C$22,750.00. Following the sale, the insider owned 233,352 shares in the company, valued at approximately C$303,357.60. This represents a 6.98% decrease in their ownership of the stock.

Sylvain Laroche also recently made the following trade(s):

• On Tuesday, June 2nd, Sylvain Laroche sold 17,500 shares of Orbit Garant Drilling stock. The shares were sold at an average price of C$1.53, for a total transaction of C$26,775.00.

Orbit Garant Drilling Price Performance

OGD stock opened at C$1.28 on Wednesday. The firm has a 50 day moving average of C$1.27 and a 200-day moving average of C$1.62. The firm has a market capitalization of C$48.86 million, a P/E ratio of 18.29, a price-to-earnings-growth ratio of 0.65 and a beta of 1.43. Orbit Garant Drilling Inc. has a 12 month low of C$1.05 and a 12 month high of C$2.48. The company has a current ratio of 2.24, a quick ratio of 1.01 and a debt-to-equity ratio of 58.84.

About Orbit Garant Drilling

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.