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

Orvana Minerals logo with Basic Materials background

Shares of Orvana Minerals Corp. (TSE:ORV - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.26 and traded as high as C$0.42. Orvana Minerals shares last traded at C$0.38, with a volume of 57,025 shares trading hands.

Orvana Minerals Price Performance

The company has a current ratio of 0.66, a quick ratio of 0.25 and a debt-to-equity ratio of 23.10. The company's 50 day moving average is C$0.34 and its 200-day moving average is C$0.26. The stock has a market cap of C$52.60 million, a PE ratio of -13.00 and a beta of 1.08.

Orvana Minerals (TSE:ORV - Get Free Report) last released its quarterly earnings results on Monday, August 12th. The company reported C$0.03 earnings per share for the quarter. The business had revenue of C$34.79 million during the quarter. Orvana Minerals had a net margin of 0.89% and a return on equity of 1.50%.

Orvana Minerals Company Profile

(Get Free Report)

Orvana Minerals Corp., a mining and exploration company, engages in the evaluation, development, and mining of gold, copper, silver, and other precious and base metal deposits. It owns and operates El Valle and Carlés mines that produces copper concentrate located in the Rio Narcea Gold Belt, northern Spain.

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