Orvana Minerals Corp. (OTCMKTS:ORVMF) Sees Large Increase in Short Interest

Orvana Minerals Corp. (OTCMKTS:ORVMF) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 135,855 shares, a growth of 649.1% from the May 14th total of 18,135 shares. Based on an average daily trading volume, of 114,383 shares, the short-interest ratio is currently 1.2 days.

Orvana Minerals Trading Down 5.2%

Shares of OTCMKTS:ORVMF traded down $0.06 during midday trading on Wednesday, reaching $1.10. 21,205 shares of the company’s stock traded hands, compared to its average volume of 56,030. Orvana Minerals has a 1 year low of $0.35 and a 1 year high of $1.85. The company has a fifty day simple moving average of $1.37 and a two-hundred day simple moving average of $1.38.

Orvana Minerals Company Profile

Orvana Minerals Corp. is a Canadian-based mineral resources company engaged in the production and exploration of precious and base metals. The company focuses on the extraction of gold and copper, with secondary production of silver, from its operating assets. Orvana conducts its activities through open-pit mining operations and on-site processing facilities, leveraging modern mining techniques and environmental management practices to optimize recovery and sustainability.

The company’s flagship asset is the El Valle-Boinás open-pit gold-copper mine located in the Asturias region of northern Spain.