Orbit Garant Drilling (TSE:OGD) Issues Earnings Results

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

Orbit Garant Drilling Trading Down 1.7%

OGD opened at C$1.77 on Thursday. Orbit Garant Drilling has a 1-year low of C$0.99 and a 1-year high of C$1.91. 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 firm has a market capitalization of C$67.08 million, a price-to-earnings ratio of 13.62, a price-to-earnings-growth ratio of 0.65 and a beta of 0.15. The company’s 50 day simple moving average is C$1.52 and its two-hundred day simple moving average is C$1.56.

About Orbit Garant Drilling

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.