Orbit Garant Drilling (TSE:OGD) Issues Quarterly Earnings Results

Orbit Garant Drilling (TSE:OGD) posted its earnings results on Friday. The company reported C($0.05) EPS for the quarter, FiscalAI reports. Orbit Garant Drilling had a return on equity of 0.85% and a net margin of 0.31%.The firm had revenue of C$57.17 million for the quarter.

Orbit Garant Drilling Stock Down 3.1%

OGD stock opened at C$1.26 on Friday. The stock has a market cap of C$48.10 million, a P/E ratio of 18.00, a P/E/G ratio of 0.65 and a beta of 1.53. The company has a current ratio of 2.24, a quick ratio of 1.01 and a debt-to-equity ratio of 58.84. The stock’s fifty day simple moving average is C$1.28 and its two-hundred day simple moving average is C$1.50. Orbit Garant Drilling has a 1-year low of C$1.05 and a 1-year 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.