Orbit Garant Drilling (TSE:OGD) Issues Earnings Results

Orbit Garant Drilling (TSE:OGD) released its quarterly earnings data on Wednesday. The company reported C$0.03 earnings per share (EPS) for the quarter, FiscalAI reports. Orbit Garant Drilling had a net margin of 1.23% and a return on equity of 3.73%. The firm had revenue of C$47.98 million for the quarter.

Orbit Garant Drilling Stock Performance

Orbit Garant Drilling stock traded down C$0.03 during trading hours on Wednesday, hitting C$1.77. 29,318 shares of the stock traded hands, compared to its average volume of 70,628. Orbit Garant Drilling has a 1 year low of C$0.99 and a 1 year high of C$1.91. The firm’s 50 day moving average price is C$1.52 and its 200-day moving average price is C$1.56. The company has a debt-to-equity ratio of 54.62, a current ratio of 2.58 and a quick ratio of 1.01. The stock has a market capitalization of C$67.08 million, a price-to-earnings ratio of 13.62, a P/E/G ratio of 0.65 and a beta of 0.15.

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.