Orvana Minerals (TSE:ORV) Sets New 52-Week High – Still a Buy?

Shares of Orvana Minerals Corp. (TSE:ORV) reached a new 52-week high during trading on Thursday . The company traded as high as C$2.54 and last traded at C$2.48, with a volume of 290777 shares. The stock had previously closed at C$2.49.

Orvana Minerals Trading Down 0.4%

The firm has a market capitalization of C$338.83 million, a price-to-earnings ratio of -16.53 and a beta of 0.85. The company has a debt-to-equity ratio of 237.92, a quick ratio of 0.25 and a current ratio of 0.83. The business has a fifty day moving average price of C$1.79 and a 200 day moving average price of C$1.83.

Orvana Minerals (TSE:ORV) last issued its earnings results on Wednesday, May 13th. The company reported C$0.14 earnings per share for the quarter. Orvana Minerals had a negative return on equity of 42.64% and a negative net margin of 19.14%.

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.