Orvana Minerals (TSE:ORV) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Orvana Minerals' stock price has surged **6.5%** and recently crossed above its **200-day moving average** of C$0.60, now trading at **C$1.48**.
• The company's market capitalization stands at **C$202.20 million** and it has a **price-to-earnings ratio of -74.00**.
• Orvana operates key mining projects in Spain, notably the **El Valle Mine** and **Carles Mine**, focusing on precious and base metals.

Orvana Minerals Corp. (TSE:ORV - )'s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.60 and traded as high as C$1.48. Orvana Minerals shares last traded at C$1.48, with a volume of 384,049 shares traded.

Orvana Minerals Trading Up 6.5%

The firm has a market capitalization of C$202.20 million, a price-to-earnings ratio of -74.00 and a beta of -0.37. The business's fifty day moving average is C$0.69 and its 200 day moving average is C$0.60. The company has a quick ratio of 0.25, a current ratio of 1.53 and a debt-to-equity ratio of 68.96.

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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