Orvana Minerals (TSE:ORV) Shares Up 9.3% – Time to Buy?

Orvana Minerals Corp. (TSE:ORV) was up 9.3% during trading on Monday . The company traded as high as C$2.25 and last traded at C$2.24. Approximately 116,171 shares traded hands during trading, a decline of 54% from the average daily volume of 252,157 shares. The stock had previously closed at C$2.05.

Orvana Minerals Trading Up 9.8%

The firm has a market capitalization of C$307.40 million, a price-to-earnings ratio of -225.00 and a beta of 0.85. The business’s 50-day moving average price is C$1.82 and its 200 day moving average price is C$1.87. The company has a debt-to-equity ratio of 166.90, a current ratio of 0.66 and a quick ratio of 0.25.

Orvana Minerals (TSE:ORV) last posted its quarterly earnings results on Wednesday, May 13th. The company reported C$0.14 earnings per share (EPS) for the quarter. Orvana Minerals had a negative net margin of 1.58% and a negative return on equity of 4.33%.

Orvana Minerals Company Profile

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.