Orvana Minerals (TSE:ORV) Hits New 52-Week High – What’s Next?

Shares of Orvana Minerals Corp. (TSE:ORV) reached a new 52-week high on Thursday . The company traded as high as C$2.32 and last traded at C$2.30, with a volume of 273461 shares changing hands. The stock had previously closed at C$2.18.

Orvana Minerals Stock Performance

The business’s fifty day moving average price is C$1.95 and its 200-day moving average price is C$1.22. The company has a debt-to-equity ratio of 68.96, a current ratio of 1.53 and a quick ratio of 0.25. The stock has a market capitalization of C$318.33 million, a PE ratio of -25.89 and a beta of -0.12.

Orvana Minerals (TSE:ORV) last issued its quarterly earnings data on Wednesday, November 26th. The company reported C$0.02 EPS for the quarter. The company had revenue of C$35.07 million during the quarter. Orvana Minerals had a negative net margin of 5.48% and a negative return on equity of 9.41%.

About Orvana Minerals

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. It also owns an interest in The Don Mario District. The company primarily operates in the gold and copper mining industry and its products are gold dore and gold & copper concentrates.