Orvana Minerals (TSE:ORV) Stock Passes Above 200-Day Moving Average – Time to Sell?

Orvana Minerals Corp. (TSE:ORVGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.30 and traded as high as C$0.33. Orvana Minerals shares last traded at C$0.29, with a volume of 21,278 shares changing hands.

Orvana Minerals Stock Performance

The firm has a market capitalization of C$39.62 million, a P/E ratio of -13.00 and a beta of 1.08. The company has a 50-day simple moving average of C$0.30 and a two-hundred day simple moving average of C$0.30. The company has a debt-to-equity ratio of 23.10, a quick ratio of 0.25 and a current ratio of 0.66.

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.

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