Orbit Garant Drilling (TSE:OGD) Sets New 1-Year High – Time to Buy?

Orbit Garant Drilling Inc. (TSE:OGDGet Free Report) reached a new 52-week high during 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 trading hands. The stock had previously closed at C$0.87.

Orbit Garant Drilling Stock Down 4.1 %

The company has a current ratio of 2.80, a quick ratio of 1.01 and a debt-to-equity ratio of 56.65. The business has a fifty day simple moving average of C$0.84 and a two-hundred day simple moving average of C$0.71. The company has a market cap 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.

Orbit Garant Drilling Company Profile

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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.

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