Added to YB: 2026-10-08
Pitch date: 2026-10-03
OBGRF [bullish]
Orbit Garant Drilling Inc.
+3.57%
current return
Author Info
No bio for this author
Company Info
Orbit Garant Drilling Inc. provides mineral drilling services in Canada, the United States, Central and South America, and West Africa.
Market Cap
CAD 42.8M
Pitch Price
CAD 1.12
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.92
P/E
-28.00
EV/Sales
0.41
Sector
Metals and Mining
Category
turnaround
Weekly #23: Most Interesting D-Sheets from the Past Week (Sep 22 – Oct 2, 2026) - Orbit Garant Drilling Inc.
OBGRF (earnings): Orbit Garant’s FY2027 case is a margin-repricing recovery: record Q4 revenue rose 21.3% to C$57.2M and utilization hit 70%, highest since FY2012, but adjusted gross margin fell 660 bps to 13.6% and EPS was C$(0.05). About half of contracts should reprice by end-December, targeting a return toward FY2025’s roughly 20% margin, while six more rigs phase onto the C$100M-plus northern Canada contract by about June 2027; labor constraints could delay normalization.
Read full article (1 min)