Orbit Garant Drilling (TSE:OGD) Announces Earnings Results

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

Orbit Garant Drilling Trading Up 2.7%

TSE:OGD opened at C$1.16 on Thursday. 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 stock has a market cap of C$44.37 million, a PE ratio of -29.00, a price-to-earnings-growth ratio of 0.65 and a beta of 1.53. The stock’s 50-day moving average is C$1.19 and its two-hundred day moving average is C$1.52. Orbit Garant Drilling has a fifty-two week low of C$0.91 and a fifty-two week high of C$2.48.

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.