Orbit Garant Drilling (TSE:OGD) Stock Price Up 15.8%

Orbit Garant Drilling Inc. (TSE:OGD)’s stock price rose 15.8% during trading on Wednesday . The company traded as high as C$1.39 and last traded at C$1.39. Approximately 103,180 shares traded hands during trading, an increase of 213% from the average daily volume of 33,004 shares. The stock had previously closed at C$1.20.

The company has a market capitalization of C$49.61 million and a PE ratio of -17.65. The company’s fifty day moving average is C$0.95 and its 200-day moving average is C$0.92. The company has a debt-to-equity ratio of 46.60, a current ratio of 1.66 and a quick ratio of 0.58.

Orbit Garant Drilling (TSE:OGD) last issued its quarterly earnings data on Wednesday, February 10th. The company reported C$0.01 earnings per share (EPS) for the quarter. The business had revenue of C$36.10 million for the quarter. Equities research analysts forecast that Orbit Garant Drilling Inc. will post 0.03 EPS for the current fiscal year.

About Orbit Garant Drilling (TSE:OGD)

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.

Read More: Why is momentum important to successful trading?

Receive News & Ratings for Orbit Garant Drilling Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orbit Garant Drilling and related companies with MarketBeat.com's FREE daily email newsletter.