Orvana Minerals (TSE:ORV) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Orvana Minerals Corp. (TSE:ORVGet Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.27 and traded as high as C$0.42. Orvana Minerals shares last traded at C$0.42, with a volume of 73,381 shares traded.

Orvana Minerals Price Performance

The stock’s 50 day moving average price is C$0.38 and its 200-day moving average price is C$0.27. The company has a quick ratio of 0.25, a current ratio of 0.66 and a debt-to-equity ratio of 23.10. The stock has a market capitalization of C$57.38 million, a PE ratio of -13.00 and a beta of 1.08.

Orvana Minerals (TSE:ORVGet Free Report) last released its quarterly earnings data on Monday, August 12th. The company reported C$0.03 earnings per share (EPS) for the quarter. The company had revenue of C$34.79 million during the quarter. Orvana Minerals had a net margin of 0.89% and a return on equity of 1.50%.

Orvana Minerals Company Profile

(Get Free Report)

Orvana Minerals Corp., a mining and exploration company, engages in the evaluation, development, and mining of gold, copper, silver, and other precious and base metal deposits. It owns and operates El Valle and Carlés mines that produces copper concentrate located in the Rio Narcea Gold Belt, northern Spain.

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