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

Orvana Minerals Corp. (TSE:ORV) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.26 and traded as high as C$0.42. Orvana Minerals shares last traded at C$0.38, with a volume of 57,025 shares changing hands.

Orvana Minerals Stock Down 7.3 %

The firm has a market capitalization of C$51.92 million, a P/E ratio of -13.00 and a beta of 1.08. The firm’s 50 day moving average is C$0.34 and its two-hundred day moving average is C$0.26. The company has a debt-to-equity ratio of 23.10, a current ratio of 0.66 and a quick ratio of 0.25.

Orvana Minerals (TSE:ORV) last released its quarterly earnings data on Monday, August 12th. The company reported C$0.03 earnings per share for the quarter. Orvana Minerals had a net margin of 0.89% and a return on equity of 1.50%. The company had revenue of C$34.79 million for the quarter.

Orvana Minerals Company Profile

Orvana Minerals Corp., a mining and exploration company, engages in the evaluation, development, and mining of gold, copper, silver, and other precious and base metal deposits. It owns and operates El Valle and Carlés mines that produces copper concentrate located in the Rio Narcea Gold Belt, northern Spain.