Orbit Garant Drilling (TSE:OGD) Insider Sylvain Laroche Sells 17,500 Shares of Stock

Orbit Garant Drilling Inc. (TSE:OGD) insider Sylvain Laroche sold 17,500 shares of Orbit Garant Drilling stock in a transaction dated Friday, August 28th. The shares were sold at an average price of C$1.30, for a total value of C$22,750.00. Following the transaction, the insider owned 233,352 shares of the company’s stock, valued at C$303,357.60. The trade was a 6.98% decrease in their position.

Sylvain Laroche also recently made the following trade(s):

• On Tuesday, June 2nd, Sylvain Laroche sold 17,500 shares of Orbit Garant Drilling stock. The shares were sold at an average price of C$1.53, for a total value of C$26,775.00.

Orbit Garant Drilling Stock Performance

Shares of OGD traded down C$0.04 during mid-day trading on Monday, reaching C$1.29. The company had a trading volume of 400 shares, compared to its average volume of 37,338. Orbit Garant Drilling Inc. has a 52-week low of C$1.05 and a 52-week high of C$2.48. The company has a quick ratio of 1.01, a current ratio of 2.24 and a debt-to-equity ratio of 58.84. The stock has a market capitalization of C$49.24 million, a P/E ratio of 18.43, a PEG ratio of 0.65 and a beta of 1.43. The stock has a 50 day moving average of C$1.27 and a two-hundred day moving average of C$1.62.

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.