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

Orvana Minerals Corp. (TSE:ORVGet Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.33 and traded as high as C$0.37. Orvana Minerals shares last traded at C$0.37, with a volume of 8,000 shares trading hands.

Orvana Minerals Price Performance

The firm’s fifty day moving average price is C$0.32 and its 200 day moving average price is C$0.33. The firm has a market capitalization of C$36.03 million, a PE ratio of -7.28 and a beta of 1.08. The company has a current ratio of 1.53, a quick ratio of 0.25 and a debt-to-equity ratio of 68.96.

Orvana Minerals Company Profile

(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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