Orbit Garant Drilling (TSE:OGD) Insider Sells C$22,750.00 in Stock

Orbit Garant Drilling Inc. (TSE:OGD) insider Sylvain Laroche sold 17,500 shares of Orbit Garant Drilling stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of C$1.30, for a total transaction of C$22,750.00. Following the completion of the transaction, the insider directly owned 233,352 shares in the company, valued at approximately C$303,357.60. This trade represents a 6.98% decrease in their ownership of the stock.

Sylvain Laroche also recently made the following trade(s):

• On Tuesday, June 2nd, Sylvain Laroche sold 17,500 shares of Orbit Garant Drilling stock. The shares were sold at an average price of C$1.53, for a total transaction of C$26,775.00.

Orbit Garant Drilling Stock Down 0.8%

Shares of TSE:OGD opened at C$1.27 on Thursday. The company has a debt-to-equity ratio of 58.84, a quick ratio of 1.01 and a current ratio of 2.24. The company has a market cap of C$48.48 million, a PE ratio of 18.14, a price-to-earnings-growth ratio of 0.65 and a beta of 1.43. Orbit Garant Drilling Inc. has a 52 week low of C$1.05 and a 52 week high of C$2.48. The firm has a 50 day simple moving average of C$1.27 and a 200 day simple moving average of C$1.61.

About Orbit Garant Drilling

Headquartered in Val-d’Or, Quebec, Orbit Garant is one of the largest Canadian-based mineral drilling companies, providing both underground and surface drilling services in Canada and internationally through its 180 drill rigs and approximately 1,300 employees. Orbit Garant provides services to major, intermediate and junior mining companies, through each stage of mining exploration, development and production. The Company also provides geotechnical drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies.