Orvana Minerals (TSE:ORV) Shares Pass Above 200 Day Moving Average – Should You Sell?

Orvana Minerals Corp. (TSE:ORVGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.30 and traded as high as C$0.31. Orvana Minerals shares last traded at C$0.31, with a volume of 5,710 shares changing hands.

Orvana Minerals Stock Performance

The company has a quick ratio of 0.25, a current ratio of 0.66 and a debt-to-equity ratio of 23.10. The stock’s fifty day moving average is C$0.28 and its two-hundred day moving average is C$0.30. The firm has a market capitalization of C$40.30 million, a price-to-earnings ratio of -13.00 and a beta of 1.08.

About Orvana Minerals

(Get Free Report)

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.

Further Reading

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