Orvana Minerals (TSE:ORV) Stock Crosses Above 200-Day Moving Average – What’s Next?

Shares of Orvana Minerals Corp. (TSE:ORV – Get Free Report) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of C$2.03 and traded as high as C$2.17. Orvana Minerals shares last traded at C$2.10, with a volume of 71,628 shares traded.

Orvana Minerals Price Performance

The company has a fifty day simple moving average of C$2.43 and a two-hundred day simple moving average of C$2.04. 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 company has a market capitalization of C$284.18 million, a price-to-earnings ratio of 14.86 and a beta of 0.56.

Orvana Minerals (TSE:ORV – Get Free Report) last posted its quarterly earnings data 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 for the quarter.

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 ).

Further Reading

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