Orvana Minerals (TSE:ORV) Sets New 52-Week High - Time to Buy?

Key Points

• Orvana Minerals Corp. shares reached a new 52-week high of C$0.64, closing at C$0.63 with a trading volume of 31,939 shares.
• The company's market cap is C$65.15 million, with a negative PE ratio of -13.16 and a debt-to-equity ratio of 68.96.
• Orvana operates the El Valle Mine and Carles Mine in Spain, primarily focusing on gold, copper, and silver mining.

Shares of Orvana Minerals Corp. (TSE:ORV - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as C$0.64 and last traded at C$0.63, with a volume of 31939 shares trading hands. The stock had previously closed at C$0.63.

Orvana Minerals Stock Down 1.5%

The firm has a market cap of C$66.14 million, a P/E ratio of -13.36 and a beta of 1.08. The stock's 50 day simple moving average is C$0.57 and its 200 day simple moving average is C$0.48. The company has a debt-to-equity ratio of 68.96, a quick ratio of 0.25 and a current ratio of 1.53.

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.