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Orvana Minerals (TSE:ORV) Share Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

Orvana Minerals logo with Basic Materials background

Key Points

  • Orvana Minerals Corp. shares have crossed above their 200-day moving average, trading as high as C$0.62, with the last recorded price at C$0.53.
  • The company has a market capitalization of C$52.32 million and a P/E ratio of -10.56, indicating a loss during the period.
  • Orvana operates gold, copper, and silver mines in Spain, primarily through its key revenue segment, Orovalle.
  • Want stock alerts on Orvana Minerals? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Orvana Minerals Corp. (TSE:ORV - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.49 and traded as high as C$0.62. Orvana Minerals shares last traded at C$0.53, with a volume of 187,298 shares.

Orvana Minerals Price Performance

The company's 50-day moving average price is C$0.57 and its two-hundred day moving average price is C$0.49. The company has a market cap of C$52.32 million, a P/E ratio of -10.56 and a beta of 1.08. The company has a current ratio of 1.53, a quick ratio of 0.25 and a debt-to-equity ratio of 68.96.

About Orvana Minerals

(Get Free Report)

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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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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