Orvana Minerals (TSE:ORV) Share Price Crosses Above 200 Day Moving Average of $0.16

Orvana Minerals Corp. (TSE:ORV) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.16 and traded as high as C$0.20. Orvana Minerals shares last traded at C$0.20, with a volume of 8,500 shares changing hands.

Orvana Minerals Stock Performance

The company has a debt-to-equity ratio of 29.88, a quick ratio of 0.25 and a current ratio of 0.54. The business has a 50 day moving average price of C$0.16 and a two-hundred day moving average price of C$0.16. The company has a market cap of C$27.32 million, a P/E ratio of -5.00 and a beta of 0.85.

Orvana Minerals (TSE:ORV) last announced its quarterly earnings results on Wednesday, February 14th. The company reported C($0.07) earnings per share (EPS) for the quarter. Orvana Minerals had a negative net margin of 4.81% and a negative return on equity of 8.75%. The business had revenue of C$27.40 million for the quarter.

About Orvana Minerals

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.