Orvana Minerals (TSE:ORV) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Orvana Minerals Corp. (TSE:ORVGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.30 and traded as high as C$0.31. Orvana Minerals shares last traded at C$0.31, with a volume of 5,710 shares trading hands.

Orvana Minerals Trading Down 3.3 %

The company has a debt-to-equity ratio of 23.10, a current ratio of 0.66 and a quick ratio of 0.25. The business’s 50-day moving average is C$0.28 and its 200 day moving average is C$0.30. The firm has a market capitalization of C$40.30 million, a P/E ratio of -13.00 and a beta of 1.08.

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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