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Orvana Minerals (TSE:ORV) Shares Pass Above 200 Day Moving Average - Should You Sell?

Orvana Minerals logo with Basic Materials background

Orvana Minerals Corp. (TSE:ORV - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.51 and traded as high as C$0.62. Orvana Minerals shares last traded at C$0.59, with a volume of 291,200 shares.

Orvana Minerals Stock Up 1.8%

The firm has a 50 day simple moving average of C$0.57 and a two-hundred day simple moving average of C$0.52. The company has a quick ratio of 0.25, a current ratio of 1.53 and a debt-to-equity ratio of 68.96. The stock has a market capitalization of C$79.24 million, a P/E ratio of -29.00 and a beta of -0.13.

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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