Orvana Minerals (TSE:ORV) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

Orvana Minerals Corp. (TSE:ORV) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.89 and traded as high as C$2.65. Orvana Minerals shares last traded at C$2.61, with a volume of 136,379 shares trading hands.

Orvana Minerals Price Performance

The company has a debt-to-equity ratio of 133.22, a quick ratio of 0.25 and a current ratio of 0.58. The company has a market cap of C$383.91 million, a P/E ratio of 20.07 and a beta of 0.68. The firm’s fifty day moving average is C$2.02 and its two-hundred day moving average is C$1.89.

Orvana Minerals (TSE:ORV) last posted its quarterly earnings results on Thursday, August 13th. The company reported C$0.19 EPS for the quarter. Orvana Minerals had a return on equity of 33.47% and a net margin of 11.78%.The business had revenue of C$64.91 million for the quarter.

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.