Orvana Minerals (TSE:ORV) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Orvana Minerals Corp. (TSE:ORV)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.33 and traded as high as C$0.38. Orvana Minerals shares last traded at C$0.38, with a volume of 14,400 shares traded.

Orvana Minerals Price Performance

The company has a debt-to-equity ratio of 68.96, a current ratio of 1.53 and a quick ratio of 0.25. The firm has a market capitalization of C$37.02 million, a P/E ratio of -7.48 and a beta of 1.08. The firm’s 50 day simple moving average is C$0.31 and its two-hundred day simple moving average is C$0.33.

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.