Last $0.91 USD
Change Today -0.0536 / -5.58%
Volume 4.6K
EORBF On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Stuttgart
As of 12:24 PM 05/23/13 All times are local (Market data is delayed by at least 15 minutes).

orbite aluminae inc (EORBF) Snapshot

Open
$0.93
Previous Close
$0.96
Day High
$0.93
Day Low
$0.91
52 Week High
09/20/12 - $3.99
52 Week Low
05/17/13 - $0.58
Market Cap
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Average Volume 10 Days
106.9K
EPS TTM
--
Shares Outstanding
0.0
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ORBITE ALUMINAE INC (EORBF)

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orbite aluminae inc (EORBF) Details

Orbite Aluminae Inc. engages in the exploration and development of mineral deposits primarily in Canada. It produces metallurgical-grade alumina, high-purity alumina, and rare earth and rare metal oxides. The company owns 100% mining rights in the Grande Vallée property, an aluminous clay deposit that consists of 115 claims covering an area of 6,441 hectares located to the northeast of Murdochville in the Gaspe region, Québec. It owns the intellectual property rights portfolio of 9 patents and 32 pending patent applications in 10 countries. The company was formerly known as Exploration Orbite VSPA Inc. and changed its name to Orbite Aluminae Inc. in October 2011. Orbite Aluminae Inc. is headquartered in Montréal, Canada.

67 Employees
Last Reported Date: 03/28/13

orbite aluminae inc (EORBF) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$309.6K
Chief Financial Officer, Vice President of Fi...
Total Annual Compensation: C$215.0K
Chief Engineering Officer
Total Annual Compensation: C$75.4K
Chief Marketing Officer
Total Annual Compensation: C$27.4K
Compensation as of Fiscal Year 2011.

orbite aluminae inc (EORBF) Key Developments

Orbite Aluminae Inc. Announces New Appointments to its Board of Directors

Orbite Aluminae Inc. announced that Mr. Peter Crossgrove, Mr. Pascal Decary and Mr. Claude Lamoureux are joining the Board of Directors, effective immediately, as independent members and will be proposed by the board for election by the shareholders at the next annual general meeting, which is scheduled for June 20, 2013. Mr. Crossgrove, C.M., O.O., a Member of the Order of Canada and the Order of Ontario, is currently Executive Chairman of Excellon Resources, and is Director and Non-Executive Co-Chairman of Detour Gold. Mr. Decary is the Senior Executive Vice President for Germany, Eastern Europe and Asia and Executive Director at Veolia Environmental Services. Mr. Lamoureux was President and CEO of the Ontario Teachers' Pension Plan.

Orbite Aluminae Inc Reports Earnings Results for the First Quarter Ended March 31, 2013

Orbite Aluminae Inc. reported earnings results for the first quarter ended March 31, 2013. For the period, the company has posted cash flows from operating activities of $1.0 million. Net loss was $0.5 million, or $0.003 per share. This compared to a net loss of $3.8 million, or $0.02 per share, for the quarter ended March 31, 2012. Property, plant, and equipment increased by $10.83 million during the first quarter of 2013 compared to December 31, 2012. The net increase results from an increase of $14.69 million before investment tax credits, in the investment in PP&E mainly due to the conversion of the pilot plant into a production-scale HPA plant, which increase is partially offset by the recording of $3.78 million in government grants and refundable investment tax credits on equipment purchases for the HPA plant.

Orbite Aluminae Inc Appoints Glenn R. Kelly as Executive Vice-President and Chief Operating Officer, Effective May 21, 2013

Orbite Aluminae Inc. announced the appointment of Mr. Glenn R. Kelly as Executive Vice-President and Chief Operating Officer, effective May 21, 2013. He will report to Richard Boudreault, President and Chief Executive Officer, while all other executive officers of the Company will report directly to Mr. Kelly. Mr. Kelly joins Orbite from CO(2) Solutions where he was president and CEO since August 2008.

 

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