Orvana Minerals (TSE:ORV) Trading Down 15.1% – Here’s What Happened

Orvana Minerals Corp. (TSE:ORV)’s stock price fell 15.1% during trading on Tuesday . The company traded as low as C$1.89 and last traded at C$1.91. 165,772 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 250,239 shares. The stock had previously closed at C$2.25.

Orvana Minerals Trading Down 16.0%

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 stock’s fifty day moving average is C$1.83 and its 200 day moving average is C$1.88. The stock has a market cap of C$258.22 million, a P/E ratio of -189.00 and a beta of 0.85.

Orvana Minerals (TSE:ORV) last announced its quarterly earnings results on Thursday, February 12th. The company reported C($0.07) EPS for the quarter. Orvana Minerals had a negative net margin of 1.58% and a negative return on equity of 4.33%. The business had revenue of C$43.97 million during the quarter.

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.