Orvana Minerals (TSE:ORV) Trading Up 22.6% – Should You Buy?

Orvana Minerals Corp. (TSE:ORVGet Free Report)’s share price traded up 22.6% during mid-day trading on Tuesday . The company traded as high as C$0.38 and last traded at C$0.38. 119,144 shares were traded during mid-day trading, an increase of 370% from the average session volume of 25,370 shares. The stock had previously closed at C$0.31.

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 has a 50 day simple moving average of C$0.28 and a 200 day simple moving average of C$0.31. The stock has a market cap of C$47.82 million, a P/E ratio of -13.00 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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