Orvana Minerals (TSE:ORV) Shares Pass Above 200-Day Moving Average – Should You Sell?

Orvana Minerals Corp. (TSE:ORVGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.39 and traded as high as C$0.60. Orvana Minerals shares last traded at C$0.60, with a volume of 30,783 shares traded.

Orvana Minerals Stock Performance

The company has a debt-to-equity ratio of 68.96, a quick ratio of 0.25 and a current ratio of 1.53. The stock has a market capitalization of C$59.23 million, a P/E ratio of -11.96 and a beta of 1.08. The business has a 50-day moving average price of C$0.55 and a 200 day moving average price of C$0.39.

About Orvana Minerals

(Get Free Report)

Orvana Minerals Corp is a Canadian mining and exploration company that is involved in the evaluation, development, and mining of precious and base metal deposits. It operates in three segments: Orovalle, which is the key revenue generator; EMIPA, and Corporate. It owns and operates the underground gold, copper, and silver El Valle Mine and Carles Mine in the Rio Narcea Gold Belt in northern Spain.

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