Orvana Minerals (TSE:ORV) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Orvana Minerals Corp. (TSE:ORVGet Free Report)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.90 and traded as high as C$2.01. Orvana Minerals shares last traded at C$1.97, with a volume of 532,413 shares.

Orvana Minerals Price Performance

The stock has a market cap of C$269.15 million, a price-to-earnings ratio of -21.89 and a beta of -0.22. The company has a quick ratio of 0.25, a current ratio of 1.53 and a debt-to-equity ratio of 68.96. The company’s 50-day moving average is C$1.52 and its 200-day moving average is C$0.90.

Orvana Minerals Company Profile

(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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