Insider Buying: Orbit Garant Drilling Inc. (TSE:OGD) Director Purchases 10,000 Shares of Stock

Orbit Garant Drilling Inc. (TSE:OGD) Director Mario Jacob bought 10,000 shares of the firm’s stock in a transaction dated Wednesday, March 19th. The shares were acquired at an average cost of C$1.06 per share, with a total value of C$10,600.00.

Orbit Garant Drilling Stock Performance

OGD traded down C$0.05 during trading on Wednesday, hitting C$1.07. 110,010 shares of the company traded hands, compared to its average volume of 70,769. Orbit Garant Drilling Inc. has a one year low of C$0.47 and a one year high of C$1.33. The stock’s fifty day moving average is C$1.04 and its 200 day moving average is C$0.84. The company has a quick ratio of 1.01, a current ratio of 2.58 and a debt-to-equity ratio of 54.62. The firm has a market cap of C$39.92 million, a P/E ratio of 17.56, a price-to-earnings-growth ratio of 0.65 and a beta of 2.27.

Orbit Garant Drilling Company Profile

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.