Orvana Minerals (TSE:ORV) Stock Price Breaks Above Two Hundred Day Moving Average – Here’s Why

Shares of Orvana Minerals Corp. (TSE:ORV – Get Free Report) passed above its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of C$2.00 and traded as high as C$2.26. Orvana Minerals shares last traded at C$2.17, with a volume of 173,682 shares trading hands.

Orvana Minerals Price Performance

The company’s 50 day simple moving average is C$2.38 and its 200-day simple moving average is C$2.00. The company has a market capitalization of C$296.47 million, a price-to-earnings ratio of 15.50 and a beta of 0.90. The company has a current ratio of 0.58, a quick ratio of 0.25 and a debt-to-equity ratio of 133.22.

Orvana Minerals (TSE:ORV – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported C$0.19 EPS for the quarter. Orvana Minerals had a net margin of 11.78% and a return on equity of 33.47%. The firm had revenue of C$64.91 million during 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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