Orbit Garant Drilling (TSE:OGD) Hits New 12-Month High – Time to Buy?

Orbit Garant Drilling Inc. (TSE:OGD) hit a new 52-week high on Monday . The company traded as high as C$0.79 and last traded at C$0.77, with a volume of 16000 shares changing hands. The stock had previously closed at C$0.76.

Orbit Garant Drilling Stock Up 1.3 %

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 has a market capitalization of C$28.77 million, a P/E ratio of -19.25, a P/E/G ratio of 0.65 and a beta of 2.27. The stock has a fifty day moving average price of C$0.62 and a two-hundred day moving average price of C$0.63.

Orbit Garant Drilling (TSE:OGD) last issued its quarterly earnings results on Thursday, September 19th. The company reported C($0.04) earnings per share for the quarter. Orbit Garant Drilling had a negative net margin of 0.73% and a negative return on equity of 2.16%. The firm had revenue of C$45.30 million during the quarter. Research analysts forecast that Orbit Garant Drilling Inc. will post 0.0400267 EPS for the current year.

Orbit Garant Drilling Company Profile

Orbit Garant Drilling Inc provides mineral drilling services in Canada, the United States, Central and 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.