Orbit Garant Drilling (TSE:OGD) Releases Earnings Results

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

Orbit Garant Drilling Price Performance

Shares of OGD opened at C$1.08 on Friday. Orbit Garant Drilling has a 1-year low of C$0.91 and a 1-year high of C$2.48. The stock has a market cap of C$41.31 million, a PE ratio of -27.00, a price-to-earnings-growth ratio of 0.65 and a beta of 1.53. 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 firm has a fifty day moving average price of C$1.19 and a 200 day moving average price of C$1.52.

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.