Orvana Minerals (TSE:ORV) Share Price Crosses Above 200-Day Moving Average of $0.17

Shares of Orvana Minerals Corp. (TSE:ORV) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.17 and traded as high as C$0.22. Orvana Minerals shares last traded at C$0.21, with a volume of 11,994 shares trading hands.

Orvana Minerals Price Performance

The business’s 50-day simple moving average is C$0.21 and its 200-day simple moving average is C$0.17. The stock has a market cap of C$28.69 million, a PE ratio of -5.25 and a beta of 0.88. The company has a quick ratio of 0.25, a current ratio of 0.54 and a debt-to-equity ratio of 29.88.

Orvana Minerals (TSE:ORV) last released its quarterly earnings data on Monday, May 13th. The company reported C$0.02 earnings per share (EPS) for the quarter. Orvana Minerals had a negative net margin of 4.81% and a negative return on equity of 8.75%. The firm had revenue of C$21.47 million for the quarter.

About Orvana Minerals

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.