Orvana Minerals (TSE:ORV) Stock Passes Above 200 Day Moving Average of $0.15

Shares of Orvana Minerals Corp. (TSE:ORV) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.15 and traded as high as C$0.25. Orvana Minerals shares last traded at C$0.23, with a volume of 435,528 shares changing hands.

Orvana Minerals Trading Down 10.0 %

The firm has a market capitalization of C$30.74 million, a PE ratio of -5.63 and a beta of 0.85. The company’s 50-day simple moving average is C$0.15 and its 200 day simple moving average is C$0.15. The company has a quick ratio of 0.25, a current ratio of 0.54 and a debt-to-equity ratio of 29.88.

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

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.