Orvana Minerals (TSE:ORV) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Orvana Minerals Corp. (TSE:ORVGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.34 and traded as high as C$0.39. Orvana Minerals shares last traded at C$0.39, with a volume of 2,500 shares trading hands.

Orvana Minerals Stock Performance

The company’s fifty day simple moving average is C$0.34 and its two-hundred day simple moving average is C$0.34. The company has a market capitalization of C$38.50 million, a price-to-earnings ratio of -7.77 and a beta of 1.08. The company has a debt-to-equity ratio of 68.96, a quick ratio of 0.25 and a current ratio of 1.53.

Orvana Minerals Company Profile

(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.

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