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Last C$0.48 CAD
Change Today 0.00 / 0.00%
Volume 1.4M
As of 3:59 PM 11/26/15 All times are local (Market data is delayed by at least 15 minutes).

orbite technologies inc (ORT) Snapshot

Previous Close
Day High
Day Low
52 Week High
11/12/15 - C$0.53
52 Week Low
06/12/15 - C$0.20
Market Cap
Average Volume 10 Days
Shares Outstanding
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orbite technologies inc (ORT) Details

Orbite Technologies Inc. operates as a technology based resource development and mineral-processing company in Canada. It produces alumina and smelter-grade alumina; and other by-products, such as silica, hematite, magnesium oxide, and rare earth and rare metal products from various feedstocks, including aluminous clay, bauxite, kaolin, red mud, and fly-ash. The company owns 100% interest in 74 mineral claims totaling approximately 41 square kilometers, as well as 1 mining lease of 98.5 hectares at a site near Grande-Vallée, Quebec. It also owns 100% interest in 161 mineral claims covering approximately 133 square kilometers at sites near Rimouski and Cap-Chat, Quebec. The company was formerly known as Orbite Aluminae Inc. and changed its name to Orbite Technologies Inc. in June 2015. Orbite Technologies Inc. was incorporated in 1983 and is headquartered in Montréal, Canada.

50 Employees
Last Reported Date: 03/31/15
Founded in 1983

orbite technologies inc (ORT) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$366.5K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: C$260.0K
Vice President of Engineering & Operations
Total Annual Compensation: C$252.2K
Director of Legal Affairs, Secretary and Memb...
Total Annual Compensation: C$157.3K
Vice President of Business Development
Total Annual Compensation: C$213.1K
Compensation as of Fiscal Year 2014.

orbite technologies inc (ORT) Key Developments

Orbite Technologies Inc. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

Orbite Technologies Inc. announced consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, net loss increased by CAD 1.9 million to CAD 2.1 million, or from CAD 0.00 per share to CAD 0.01 per share, as compared to the same period in the prior year. The increase in net loss was due primarily to and decrease in net finance income (non-cash). Cash flows used in operating activities decreased by CAD 0.9 million compared to the same period of 2014. Cash flows used for operations increased by CAD 0.4 million. The increase in cash flows used for operations during the quarter is due mainly to HPA Plant operations. Loss before net finance income and taxes was CAD 2.5 million as compared to CAD 2.4 million for the same period in 2014. The company is a development stage company and has no revenues. For the nine months, net loss decreased from CAD 8.9 million to CAD 8.6 million. Cash flows used in operating activities decreased by CAD 4.0 million compared to the same period of 2014. Cash flows used for operations decreased by CAD 0.2 million. The decrease in cash flows used for operations for the nine-month period ended September 30, 2015 is due mainly to reduction in general and administrative expenses partially offset by an increase in HPA plant operations.

Orbite Technologies Inc. to Report Q3, 2015 Results on Nov 13, 2015

Orbite Technologies Inc. announced that they will report Q3, 2015 results Pre-Market on Nov 13, 2015

Orbite Technologies Inc., Q3 2015 Earnings Call, Nov 13, 2015

Orbite Technologies Inc., Q3 2015 Earnings Call, Nov 13, 2015


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