Sylvain Laroche Sells 17,500 Shares of Orbit Garant Drilling (TSE:OGD) Stock

Orbit Garant Drilling Inc. (TSE:OGD) insider Sylvain Laroche sold 17,500 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of C$1.53, for a total transaction of C$26,775.00. Following the completion of the transaction, the insider directly owned 228,970 shares in the company, valued at C$350,324.10. This trade represents a 7.10% decrease in their ownership of the stock.

Orbit Garant Drilling Price Performance

Shares of TSE:OGD opened at C$1.52 on Thursday. The company’s 50-day moving average is C$1.74 and its 200 day moving average is C$1.70. 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 capitalization of C$58.02 million, a P/E ratio of 21.71, a price-to-earnings-growth ratio of 0.65 and a beta of 1.45. Orbit Garant Drilling Inc. has a fifty-two week low of C$1.16 and a fifty-two week high of C$2.48.

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. The company operates in Canada, the United States, Central and South America, and West Africa.