UrtheCast (UR) Trading Down 5.9%

Shares of UrtheCast Corp (TSE:UR) traded down 5.9% during mid-day trading on Thursday . The stock traded as low as C$0.31 and last traded at C$0.32. 143,630 shares were traded during mid-day trading, a decline of 67% from the average session volume of 429,908 shares. The stock had previously closed at C$0.34.

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

UrtheCast Company Profile (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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