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Orvana Minerals (TSE:ORV) Share Price Crosses Above Two Hundred Day Moving Average - Here's Why

Orvana Minerals logo with Basic Materials background

Orvana Minerals Corp. (TSE:ORV - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.44 and traded as high as C$0.58. Orvana Minerals shares last traded at C$0.58, with a volume of 84,669 shares trading hands.

Orvana Minerals Stock Performance

The firm has a market cap of C$56.26 million, a P/E ratio of -11.36 and a beta of 1.08. 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's 50 day moving average is C$0.56 and its 200 day moving average is C$0.44.

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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