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Orvana Minerals (TSE:ORV) Shares Cross Above 200 Day Moving Average - What's Next?

Orvana Minerals logo with Basic Materials background

Shares of Orvana Minerals Corp. (TSE:ORV - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.37 and traded as high as C$0.57. Orvana Minerals shares last traded at C$0.56, with a volume of 13,501 shares.

Orvana Minerals Stock Up 1.8%

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 firm's fifty day moving average is C$0.52 and its 200 day moving average is C$0.38. The firm has a market cap of C$55.28 million, a P/E ratio of -11.16 and a beta of 1.08.

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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