Orvana Minerals (TSE:ORV) Stock Price Passes Above 200 Day Moving Average – What’s Next?

Orvana Minerals Corp. (TSE:ORV)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.32 and traded as high as C$0.36. Orvana Minerals shares last traded at C$0.36, with a volume of 21,600 shares changing hands.

Orvana Minerals Trading Down 2.7 %

The company’s 50-day moving average is C$0.29 and its 200-day moving average is C$0.32. The company has a debt-to-equity ratio of 68.96, a quick ratio of 0.25 and a current ratio of 1.53. The firm has a market cap of C$35.04 million, a price-to-earnings ratio of -7.08 and a beta of 1.08.

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.