Orbit Garant Drilling (TSE:OGD) Share Price Crosses Above 200 Day Moving Average of $0.57

Orbit Garant Drilling Inc. (TSE:OGDGet Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.57 and traded as high as C$0.65. Orbit Garant Drilling shares last traded at C$0.65, with a volume of 2,000 shares changing hands.

Orbit Garant Drilling Stock Performance

The company has a debt-to-equity ratio of 61.65, a quick ratio of 1.01 and a current ratio of 2.37. The firm has a market cap of C$24.29 million, a P/E ratio of -5.91, a price-to-earnings-growth ratio of 0.65 and a beta of 2.31. The firm’s fifty day moving average price is C$0.63 and its 200 day moving average price is C$0.57.

Orbit Garant Drilling (TSE:OGDGet Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported C$0.05 EPS for the quarter. Orbit Garant Drilling had a negative net margin of 2.31% and a negative return on equity of 6.65%. The business had revenue of C$48.21 million during the quarter. Sell-side analysts expect that Orbit Garant Drilling Inc. will post 0.02 EPS for the current fiscal year.

Orbit Garant Drilling Company Profile

(Get Free Report)

Orbit Garant Drilling Inc provides mineral drilling services in Canada, the United States, Central and South America, and West Africa. It provides underground and surface diamond drilling services to mining companies through various stages of mineral exploration, mine development, and production. The company also offers geotechnical and water drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies.

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