Orvana Minerals Corp. (OTCMKTS:ORVMF – Get Free Report) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 194,163 shares, a drop of 43.4% from the July 30th total of 343,239 shares. Based on an average trading volume of 28,170 shares, the short-interest ratio is presently 6.9 days.
Orvana Minerals Trading Down 1.8%
OTCMKTS ORVMF traded down $0.04 during trading hours on Monday, hitting $1.88. 6,505 shares of the company were exchanged, compared to its average volume of 47,275. The stock has a 50-day moving average price of $1.41 and a 200 day moving average price of $1.36. Orvana Minerals has a 52 week low of $0.37 and a 52 week high of $1.96.
About Orvana Minerals
Orvana Minerals Corp. is a Canadian-based mineral resources company engaged in the production and exploration of precious and base metals. The company focuses on the extraction of gold and copper, with secondary production of silver, from its operating assets. Orvana conducts its activities through open-pit mining operations and on-site processing facilities, leveraging modern mining techniques and environmental management practices to optimize recovery and sustainability.
The company’s flagship asset is the El Valle-BoinĂ¡s open-pit gold-copper mine located in the Asturias region of northern Spain.
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