Orvana Minerals (TSE:ORV) Sets New 12-Month High – What’s Next?

Shares of Orvana Minerals Corp. (TSE:ORVGet Free Report) reached a new 52-week high on Monday . The company traded as high as C$0.43 and last traded at C$0.41, with a volume of 107444 shares trading hands. The stock had previously closed at C$0.40.

Orvana Minerals Price Performance

The stock has a fifty day moving average of C$0.36 and a two-hundred day moving average of C$0.26. The stock has a market capitalization of C$56.01 million, a price-to-earnings ratio of -13.00 and a beta of 1.08. The company has a current ratio of 0.66, a quick ratio of 0.25 and a debt-to-equity ratio of 23.10.

Orvana Minerals (TSE:ORVGet 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 firm had revenue of C$34.79 million during the quarter. Orvana Minerals had a return on equity of 1.50% and a net margin of 0.89%.

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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