Orvana Minerals (TSE:ORV) Trading Up 18.2% – Here’s What Happened

Orvana Minerals Corp. (TSE:ORVGet Free Report)’s share price traded up 18.2% on Friday . The stock traded as high as C$2.16 and last traded at C$2.14. 290,908 shares traded hands during mid-day trading, an increase of 25% from the average session volume of 232,154 shares. The stock had previously closed at C$1.81.

Orvana Minerals Price Performance

The company has a quick ratio of 0.25, a current ratio of 0.66 and a debt-to-equity ratio of 166.90. The company has a 50 day simple moving average of C$1.82 and a 200-day simple moving average of C$1.87. The stock has a market cap of C$281.44 million, a price-to-earnings ratio of -206.00 and a beta of 0.72.

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. 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.

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