Orvana Minerals (TSE:ORV) Reaches New 12-Month High – Should You Buy?

Shares of Orvana Minerals Corp. (TSE:ORVGet Free Report) hit a new 52-week high on Wednesday . The company traded as high as C$2.10 and last traded at C$2.00, with a volume of 340256 shares trading hands. The stock had previously closed at C$1.95.

Orvana Minerals Price Performance

The firm has a market capitalization of C$288.27 million, a P/E ratio of -23.44 and a beta of -0.22. The stock’s fifty day simple moving average is C$1.60 and its 200 day simple moving average is C$0.95. The company has a debt-to-equity ratio of 68.96, a current ratio of 1.53 and a quick ratio of 0.25.

About Orvana Minerals

(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. It also owns an interest in The Don Mario District. The company primarily operates in the gold and copper mining industry and its products are gold dore and gold & copper concentrates.

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