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

Orvana Minerals Corp. (TSE:ORV) hit a new 52-week high on Monday . The stock traded as high as C$2.66 and last traded at C$2.64, with a volume of 359522 shares trading hands. The stock had previously closed at C$2.49.

Orvana Minerals Trading Up 6.0%

The company has a quick ratio of 0.25, a current ratio of 0.58 and a debt-to-equity ratio of 133.22. The firm has a 50 day moving average price of C$1.88 and a 200 day moving average price of C$1.85. The stock has a market capitalization of C$360.68 million, a PE ratio of 18.86 and a beta of 0.68.

Orvana Minerals (TSE:ORV) last announced its quarterly earnings results on Thursday, August 13th. The company reported C$0.19 earnings per share (EPS) for the quarter. Orvana Minerals had a return on equity of 33.47% and a net margin of 11.78%.The business had revenue of C$64.91 million during the quarter.

Orvana Minerals Company Profile

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.