Insider Buying: Orbit Garant Drilling Inc. (TSE:OGD) Director Purchases C$10,600.00 in Stock

Orbit Garant Drilling Inc. (TSE:OGD) Director Mario Jacob acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 19th. The shares were bought at an average cost of C$1.06 per share, for a total transaction of C$10,600.00.

Orbit Garant Drilling Stock Performance

TSE:OGD opened at C$1.19 on Friday. The firm has a 50 day simple moving average of C$1.06 and a 200-day simple moving average of C$0.84. 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 cap of C$44.39 million, a PE ratio of 19.53, a P/E/G ratio of 0.65 and a beta of 2.27. Orbit Garant Drilling Inc. has a 1-year low of C$0.47 and a 1-year high of C$1.33.

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.