Forage Orbit Garant Inc
TSX:OGD

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Forage Orbit Garant Inc
TSX:OGD
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Price: 1.36 CAD Market Closed
Market Cap: 50.9m CAD

Forage Orbit Garant Inc
Investor Relations

Orbit Garant Drilling, Inc. is a mineral drilling company, which engages in the business of diamond drilling. The company is headquartered in Val-D'Or, Quebec and currently employs 1,269 full-time employees. The company went IPO on 2008-06-26. The Company’s drift exploration division offers the latest technology in reverse circulation (RC) drilling services. The Company’s geographical segments include Canada and International (the United States, Central and South America and West Africa). The Company’s drilling services include geotechnical drilling, directional drilling, reverse circulation drilling, underground drilling, and surface drilling. The firm also provides geotechnical drilling services to mining or mineral exploration companies, engineering and environmental consultant firms, and government agencies. Its equipment selection includes heavy-duty RC drill rigs available on the market, including Schramm drill rigs.

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OGD
S&P TSX Composite Index (Canada)

Earnings Calls

2025 Q3
May 8, 2025
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Orbit Garant Drilling Sees 3.9% Revenue Growth Amid Price Surge
2025 Q3
May 8, 2025

Orbit Garant Drilling reported a 3.9% revenue increase in Q3 2025, reaching $50 million, as drilling activity surged in South America, offsetting slower Canadian operations. Despite a drop in surface drilling demand, underground services thrived, driving a net earnings rise to $2.7 million, or $0.08 per share. The company’s year-to-date revenue grew 4.5%, with adjusted gross margins improving to 19.3% from 15.3%. Strong gold prices, reaching about $3,500 an ounce, and copper demand further bolster expectations, positioning them favorably for the future. The firm remains focused on debt reduction and capital expenditures while maintaining solid relationships within the industry.

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Management

Mr. Pierre Alexandre
President, CEO & Director
No Bio Available
Mr. Daniel Maheu
CFO & Corporate Secretary
No Bio Available
Mr. Sylvain Laroche
Chief Operating Officer
No Bio Available
Pier-Luc Laplante
Controller
No Bio Available

Contacts

Address
QUEBEC
Val-d'Or
3200 Jean-Jacques-Cossette Blvd
Contacts
+18198242707.0
www.orbitgarant.com