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

Orvana Minerals Corp. (TSE:ORV) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.28 and traded as high as C$0.38. Orvana Minerals shares last traded at C$0.37, with a volume of 8,341 shares traded.

Orvana Minerals Stock Up 2.8 %

The company has a quick ratio of 0.25, a current ratio of 0.66 and a debt-to-equity ratio of 23.10. The business has a 50-day simple moving average of C$0.39 and a 200-day simple moving average of C$0.28. The stock has a market cap of C$50.55 million, a P/E ratio of -13.00 and a beta of 1.08.

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

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.