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Orvana Minerals (TSE:ORV) Share Price Passes Above 200 Day Moving Average - Here's What Happened

Orvana Minerals logo with Basic Materials background

Orvana Minerals Corp. (TSE:ORV - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.38 and traded as high as C$0.61. Orvana Minerals shares last traded at C$0.57, with a volume of 68,661 shares traded.

Orvana Minerals Price Performance

The company has a debt-to-equity ratio of 68.96, a quick ratio of 0.25 and a current ratio of 1.53. The company has a market cap 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$0.53 and a 200 day moving average price of C$0.38.

Orvana Minerals Company Profile

(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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