Orvana Minerals (TSE:ORV) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Orvana Minerals Corp. (TSE:ORV)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.20 and traded as high as C$2.25. Orvana Minerals shares last traded at C$2.18, with a volume of 240,883 shares.

Orvana Minerals Trading Up 0.5%

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$297.84 million, a price-to-earnings ratio of -24.22 and a beta of -0.12. The business has a fifty day simple moving average of C$1.93 and a 200 day simple moving average of C$1.20.

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

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.