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

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 Tuesday . The stock has a 200-day moving average of C$0.35 and traded as high as C$0.59. Orvana Minerals shares last traded at C$0.59, with a volume of 251,989 shares.

Orvana Minerals Price Performance

The company has a current ratio of 1.53, a quick ratio of 0.25 and a debt-to-equity ratio of 68.96. The firm has a market cap of C$57.25 million, a PE ratio of -11.56 and a beta of 1.08. The business's 50-day simple moving average is C$0.42 and its 200 day simple moving average is C$0.35.

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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