Orbit Garant Drilling (TSE:OGD) Reaches New 1-Year High – Still a Buy?

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

Orbit Garant Drilling Stock Performance

The stock 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. The stock has a fifty day moving average of C$0.83 and a 200-day moving average of C$0.71. The company has a quick ratio of 1.01, a current ratio of 2.80 and a debt-to-equity ratio of 56.65.

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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