Orbit Garant’s Largest Shareholder Plans Partial Share Sale

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Orbit Garant’s Largest Shareholder Plans Partial Share Sale

The latest update is out from Orbit Garant Drill ( (TSE:OGD) ).

Pierre Alexandre, Executive Vice President and Director of Orbit Garant Drilling Inc., plans to sell up to 1,000,000 common shares for personal financial planning purposes, while maintaining his status as the largest shareholder with a 21% equity interest. The sale is expected to occur through the Toronto Stock Exchange, with no further sales planned at this time, potentially impacting the company’s stock market presence and shareholder dynamics.

More about Orbit Garant Drill

Orbit Garant Drilling Inc. is one of Canada’s largest drilling services companies, primarily serving the mining industry.

YTD Price Performance: 39.02%

Average Trading Volume: 61,827

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$42.53M

For detailed information about OGD stock, go to TipRanks’ Stock Analysis page.

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