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Orvana Minerals (TSE:ORV) Share Price Crosses Above 200 Day Moving Average - Should You Sell?

Orvana Minerals logo with Basic Materials background

Orvana Minerals Corp. (TSE:ORV - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.64 and traded as high as C$1.36. Orvana Minerals shares last traded at C$1.25, with a volume of 159,539 shares.

Orvana Minerals Trading Down 3.8%

The firm has a market capitalization of C$170.78 million, a P/E ratio of -62.50 and a beta of -0.37. The business's 50-day moving average is C$0.78 and its 200 day moving average is C$0.64. The company has a debt-to-equity ratio of 68.96, a current ratio of 1.53 and a quick ratio of 0.25.

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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