Orvana Minerals (TSE:ORV) Announces Earnings Results

Orvana Minerals (TSE:ORV) posted its quarterly earnings results on Wednesday. The company reported C$0.14 EPS for the quarter, RTT News reports. Orvana Minerals had a negative return on equity of 42.64% and a negative net margin of 19.14%.

Orvana Minerals Trading Up 17.5%

Orvana Minerals stock opened at C$2.49 on Thursday. Orvana Minerals has a 52 week low of C$0.48 and a 52 week high of C$2.51. The company has a debt-to-equity ratio of 237.92, a quick ratio of 0.25 and a current ratio of 0.83. The stock has a market capitalization of C$340.19 million, a P/E ratio of -16.60 and a beta of 0.85. The stock has a 50-day simple moving average of C$1.79 and a 200 day simple moving average of C$1.83.

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.