Orbit Garant Drilling (TSE:OGD) Reaches New 12-Month High – Still a Buy?

Shares of Orbit Garant Drilling Inc. (TSE:OGDGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$1.06 and last traded at C$0.96, with a volume of 151469 shares traded. The stock had previously closed at C$0.87.

Orbit Garant Drilling Stock Performance

The company has a debt-to-equity ratio of 56.65, a quick ratio of 1.01 and a current ratio of 2.80. The firm’s 50 day moving average price is C$0.84 and its 200-day moving average price is C$0.71. The firm has a market capitalization of C$34.75 million, a PE ratio of -23.25, a price-to-earnings-growth ratio of 0.65 and a beta of 2.27.

About Orbit Garant Drilling

(Get Free Report)

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.

Read More

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.