Orvana Minerals (TSE:ORV) Hits New 12-Month High – Should You Buy?

Orvana Minerals Corp. (TSE:ORVGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.55 and last traded at C$0.55, with a volume of 50180 shares. The stock had previously closed at C$0.54.

Orvana Minerals Price Performance

The business’s 50 day simple moving average is C$0.39 and its 200 day simple moving average is C$0.34. The company has a market capitalization of C$62.19 million, a PE ratio of -12.56 and a beta of 1.08. The company has a quick ratio of 0.25, a current ratio of 1.53 and a debt-to-equity ratio of 68.96.

About Orvana Minerals

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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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