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Orvana Minerals (TSE:ORV) Share Price Crosses Above 200-Day Moving Average - What's Next?

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.
  • Five stocks we like better than Orvana Minerals.

Shares of Orvana Minerals Corp. (TSE:ORV - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 has a debt-to-equity ratio of 68.96, a current ratio of 1.53 and a quick ratio of 0.25. The firm has a market capitalization of C$58.24 million, a price-to-earnings ratio of -11.76 and a beta of 1.08. The business has a fifty day moving average price of C$0.57 and a two-hundred day moving average price of C$0.50.

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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