UrtheCast (UR) Trading 7.7% Higher

UrtheCast Corp (TSE:UR)’s share price traded up 7.7% during mid-day trading on Wednesday . The stock traded as high as C$0.28 and last traded at C$0.28. 211,110 shares traded hands during trading, a decline of 51% from the average session volume of 431,813 shares. The stock had previously closed at C$0.26.

UrtheCast (TSE:UR) last posted its earnings results on Tuesday, August 14th. The company reported C($0.11) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of C($0.11). The company had revenue of C$3.38 million for the quarter, compared to the consensus estimate of C$8.20 million.

About UrtheCast (TSE:UR)

UrtheCast Corp., a technology company, provides information-rich products and services to geospatial and geoanalytics markets. The company operates Earth observation sensors in space, including two satellites, Deimos-1 and Deimos-2, to produce imagery data distributed directly to partners and customers.

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