Orvana Minerals (TSE:ORV) Announces Earnings Results

Orvana Minerals (TSE:ORV) announced its earnings results on Thursday. The company reported C$0.19 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$64.91 million during the quarter. Orvana Minerals had a negative return on equity of 4.33% and a negative net margin of 1.58%.

Orvana Minerals Stock Up 10.4%

Orvana Minerals stock opened at C$2.33 on Friday. The firm has a market cap of C$318.33 million, a price-to-earnings ratio of -233.00 and a beta of 0.68. Orvana Minerals has a 52-week low of C$0.48 and a 52-week high of C$2.54. The company has a debt-to-equity ratio of 166.90, a quick ratio of 0.25 and a current ratio of 0.66. The firm has a 50 day moving average price of C$1.80 and a two-hundred day moving average price of C$1.84.

About Orvana Minerals

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.