Insider Selling: 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 the company’s stock in a transaction 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 transaction, the insider owned 233,352 shares of the company’s stock, valued at C$303,357.60. This 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 Price Performance

Shares of TSE OGD traded down C$0.04 during trading on Monday, hitting C$1.29. The company had a trading volume of 400 shares, compared to its average volume of 37,338. The firm has a market capitalization of C$49.24 million, a price-to-earnings ratio of 18.43, a price-to-earnings-growth ratio of 0.65 and a beta of 1.43. The stock has a fifty day simple moving average of C$1.27 and a two-hundred day simple moving average of C$1.62. The company has a quick ratio of 1.01, a current ratio of 2.24 and a debt-to-equity ratio of 58.84. Orbit Garant Drilling Inc. has a fifty-two week low of C$1.05 and a fifty-two week high of C$2.48.

Orbit Garant Drilling Company Profile

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.