Orvana Minerals (TSE:ORV) Hits New 1-Year High - Time to Buy?

Key Points

• Orvana Minerals Corp. shares reached a new 52-week high of C$0.69, reflecting a positive trading performance.
• The company operates in three segments and is involved in mining gold, copper, and silver in northern Spain, primarily through its El Valle Mine and Carles Mine.
• As of now, Orvana has a market capitalization of C$91.54 million and a price-to-earnings ratio of -33.50, indicating potential concerns regarding profitability.

Orvana Minerals Corp. (TSE:ORV - ) shares hit a new 52-week high on Thursday . The stock traded as high as C$0.69 and last traded at C$0.66, with a volume of 239327 shares. The stock had previously closed at C$0.67.

Orvana Minerals Price Performance

The firm has a 50 day moving average price of C$0.58 and a two-hundred day moving average price of C$0.55. The company has a quick ratio of 0.25, a current ratio of 1.53 and a debt-to-equity ratio of 68.96. The company has a market capitalization of C$91.54 million, a price-to-earnings ratio of -33.50 and a beta of -0.13.

About Orvana Minerals

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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