Orvana Minerals (TSE:ORV) Hits New 52-Week High – Here’s Why

Orvana Minerals Corp. (TSE:ORV) reached a new 52-week high on Wednesday . The company traded as high as C$2.49 and last traded at C$2.29, with a volume of 286349 shares trading hands. The stock had previously closed at C$2.31.

Orvana Minerals Stock Up 1.7%

The business has a 50 day moving average price of C$1.98 and a 200 day moving average price of C$1.26. The company has a quick ratio of 0.25, a current ratio of 1.53 and a debt-to-equity ratio of 68.96. The stock has a market cap of C$321.06 million, a PE ratio of -26.11 and a beta of -0.12.

Orvana Minerals (TSE:ORV) last issued its quarterly earnings data on Wednesday, November 26th. The company reported C$0.02 EPS for the quarter. Orvana Minerals had a negative net margin of 5.48% and a negative return on equity of 9.41%. The business had revenue of C$35.07 million for 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.