Orbit Garant Drilling Inc. , one of the Canada's largest drilling services companies primarily serving the mining industry, announced today that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid to purchase outstanding common shares of Orbit Garant on the open market in accordance with the rules of the TSX. Pursuant to the NCIB Program, Orbit Garant may purchase, from time [...]
Orbit Garant Drilling Inc. will release its fiscal 2026 first quarter financial results after market close on Wednesday, November 12, 2025. Daniel Maheu, President and CEO, and Pier-Luc Laplante, CFO, will host a conference call for analysts and investors on Thursday, November 13, 2025 at 10:00 a.m. . To join the conference call without operator assistance, you can register and enter your phone number at [...]
Orbit Garant Drilling Inc. today announced its financial results for the three-month period and fiscal year ended June 30, 2025. All dollar amounts are in Canadian dollars unless otherwise stated. Financial Highlights Three months ended June 30, 2025 Three months ended June 30, 2024 2 Year ended June 30, 2025 Year ended June 30, 2024 2 Revenue 47.2 45.3 189.1 181.2 Gross Profit 7.6 7.5 28.3 21.2 Gross Margin 16.0 16.6 [...]
Orbit Garant Drilling will release its fiscal 2025 fourth quarter and year-end financial results after market close on Wednesday, September 24, 2025. Daniel Maheu, President and CEO, and Pier-Luc Laplante, CFO, will host a conference call for analysts and investors on Thursday, September 25, 2025 at 10:00 a.m. To join the conference call without operator assistance, you can register and enter your phone number to receive [...]
Orbit Garant Drilling announced its financial results for the three-month and nine-month periods ended March 31, 2025. All dollar amounts are in Canadian dollars unless otherwise stated. Financial Highlights Three months ended March 31, 2025 Three months ended March 31, 2024 Nine months ended March 31, 2025 Nine months ended March 31, 2024 Revenue 50.0 48.2 141.9 135.9 Gross Profit 5.9 6.4 20.7 13.6 Gross Margin 11.9 13.2 [...]
Orbit Garant Drilling will release its fiscal 2025 third quarter financial results after market close on Wednesday, May 7, 2025. Daniel Maheu, President and CEO, and Pier-Luc Laplante, CFO, will host a conference call for analysts and investors on Thursday, May 8, 2025 at 10:00 a.m. To join the conference call without operator assistance, you can register and enter your phone number to receive an instant automated call [...]
On March 19, 2025, 6705570 Canada Inc. a company owned and controlled by Pierre Alexandre completed a series of transactions through the facilities of the Toronto Stock Exchange and various alternative trading systems pursuant to which 670 sold an aggregate of 1,000,000 common shares of Orbit Garant Drilling. Mr. Alexandre is an Executive Vice President and Director of Orbit Garant. 670 had previously filed a Notice of [...]
Orbit Garant Drilling announced that 6705570 Canada Inc. a company owned and controlled by Executive Vice President and Director Pierre Alexandre has filed a Notice of Intention to Distribute Securities under Section 2.8 of Form 45-102F1 in connection with the proposed sale of up to 1,000,000 common shares representing 2.7% of the issued and outstanding common shares of the Company. The Shares are being sold for personal [...]
VAL-D'OR, QC, Feb. 12, 2025 /CNW/ - Orbit Garant Drilling Inc. today announced its financial results for the three-month and six-month periods ended December 31, 2024. All dollar amounts are in Canadian dollars unless otherwise stated. Financial Highlights Three months ended December 31, 2024 Three months ended December 30, 2023 Six months ended December 31, 2024 Six months ended December 31, 2023 Revenue 43.5 43.4 91.9 [...]
Orbit Garant Drilling will release its fiscal 2025 second quarter financial results after market close on Wednesday, Feb 12, 2025. Daniel Maheu, President and CEO, and Pier-Luc Laplante, CFO, will host a conference call for analysts and investors on Thursday, Feb 13, 2025 at 10:00 a.m. To join the conference call without operator assistance, you can register and enter your phone number to receive an instant automated call [...]
Orbit Garant Drilling subsequent to the conclusion of its Annual and Special Meeting of Shareholders held earlier today, announces the appointment of a new Chair and changes to the Company's senior management team, approved by the Company's Board of Directors. The Company reported the results of voting at the Meeting. Pierre Alexandre has decided to step down as President and Chief Executive Officer. Daniel Maheu, Chief [...]
Orbit Garant Drilling announced its financial results for the three-month period ended Sept 30, 2024. All dollar amounts are in Canadian dollars unless otherwise stated. Financial Highlights Three months ended Sept 30, 2024 Three months ended September 30, 2023 Revenue 48.4 44.3 Gross Profit 7.4 4.1 Gross Margin 15.2 9.4 Adjusted Gross Margin ¹ 19.7 15.2 Adjusted EBITDA¹ 6.5 3.0 Net earnings 3.2 Net earnings per share [...]
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