Orvana Minerals (TSE:ORV) Sets New 1-Year High – Time to Buy?

Orvana Minerals Corp. (TSE:ORVGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.45 and last traded at C$0.47, with a volume of 400411 shares. The stock had previously closed at C$0.39.

Orvana Minerals Stock Performance

The firm has a fifty day moving average price of C$0.35 and a 200 day moving average price of C$0.34. The company has a current ratio of 1.53, a quick ratio of 0.25 and a debt-to-equity ratio of 68.96. The firm has a market cap of C$44.42 million, a PE ratio of -8.97 and a beta of 1.08.

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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