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

Shares of Orvana Minerals Corp. (TSE:ORV) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.14 and traded as high as C$1.96. Orvana Minerals shares last traded at C$1.87, with a volume of 193,830 shares.

Orvana Minerals Price Performance

The company has a current ratio of 1.53, a quick ratio of 0.25 and a debt-to-equity ratio of 68.96. The business has a fifty day simple moving average of C$1.86 and a 200 day simple moving average of C$1.14. The stock has a market capitalization of C$255.49 million, a P/E ratio of -20.78 and a beta of -0.12.

Orvana Minerals (TSE:ORV) last posted its quarterly earnings data on Wednesday, November 26th. The company reported C$0.02 EPS for the quarter. The firm had revenue of C$35.07 million during the quarter. Orvana Minerals had a negative net margin of 5.48% and a negative return on equity of 9.41%.

Orvana Minerals Company Profile

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. It also owns an interest in The Don Mario District. The company primarily operates in the gold and copper mining industry and its products are gold dore and gold & copper concentrates.