Orbit Garant Drilling - OGD Stock Forecast, Price & News

Orbit Garant Drilling Inc. provides mineral drilling services in Canada, the United States, 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. In addition, it manufactures and sells conventional and specialized drill rigs. As of June 30, 2021, the company operated 223 drill rigs, including 101 underground drills and 122 drill rigs. Orbit Garant Drilling Inc. was founded in 1965 and is headquartered in Val-d'Or, Canada.

Orbit Garant Drilling Price Performance

Shares of TSE:OGD remained flat at C$0.60 during midday trading on Thursday. 21,060 shares of the stock were exchanged, compared to its average volume of 9,309. The company has a debt-to-equity ratio of 58.19, a quick ratio of 0.89 and a current ratio of 2.13. The stock's 50 day moving average is C$0.61 and its 200 day moving average is C$0.73. Orbit Garant Drilling has a 1 year low of C$0.50 and a 1 year high of C$1.25. The stock has a market cap of C$22.42 million and a P/E ratio of -2.40.

Orbit Garant Drilling (TSE:OGD - Get Rating) last released its quarterly earnings data on Wednesday, May 11th. The company reported C($0.11) earnings per share (EPS) for the quarter. The firm had revenue of C$45.20 million for the quarter. Equities analysts predict that Orbit Garant Drilling will post 0.12 EPS for the current fiscal year.