Orvana Minerals (TSE:ORV) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Orvana Minerals Corp. (TSE:ORV – Get Free Report) passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of C$1.98 and traded as high as C$2.58. Orvana Minerals shares last traded at C$2.56, with a volume of 136,155 shares changing hands.

Orvana Minerals Stock Down 0.8%

The company has a debt-to-equity ratio of 133.22, a quick ratio of 0.25 and a current ratio of 0.58. The stock has a market capitalization of C$347.02 million, a P/E ratio of 18.14 and a beta of 0.90. The stock’s fifty day simple moving average is C$2.34 and its two-hundred day simple moving average is C$1.99.

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

Orvana Minerals Company Profile

(Get Free Report)

Orvana is a multi-mine gold-copper-silver company. Orvana’s assets consist of the producing Orovalle operation in northern Spain ; the Don Mario operation in Bolivia and the Taguas property located in Argentina. Additional information is available at Orvana’s website ( www.orvana.com ).

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