Orvana Minerals (TSE:ORV) Share Price Passes Above 200 Day Moving Average – What’s Next?

Orvana Minerals Corp. (TSE:ORV)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.26 and traded as high as C$0.42. Orvana Minerals shares last traded at C$0.38, with a volume of 57,025 shares trading hands.

Orvana Minerals Price Performance

The company has a market capitalization of C$51.92 million, a P/E ratio of -13.00 and a beta of 1.08. The company has a debt-to-equity ratio of 23.10, a current ratio of 0.66 and a quick ratio of 0.25. The company’s 50-day moving average price is C$0.34 and its two-hundred day moving average price is C$0.26.

Orvana Minerals (TSE:ORV) last issued its quarterly earnings data on Monday, August 12th. The company reported C$0.03 earnings per share (EPS) for the quarter. The company had revenue of C$34.79 million during the quarter. Orvana Minerals had a return on equity of 1.50% and a net margin of 0.89%.

Orvana Minerals Company Profile

Orvana Minerals Corp., a mining and exploration company, engages in the evaluation, development, and mining of gold, copper, silver, and other precious and base metal deposits. It owns and operates El Valle and Carlés mines that produces copper concentrate located in the Rio Narcea Gold Belt, northern Spain.