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

Shares of Orvana Minerals Corp. (TSE:ORV) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.14 and traded as high as C$1.96. Orvana Minerals shares last traded at C$1.87, with a volume of 193,830 shares traded.

Orvana Minerals Price Performance

The company has a 50 day moving average price of C$1.86 and a 200-day moving average price of C$1.14. The company has a market cap of C$255.49 million, a price-to-earnings ratio of -20.78 and a beta of -0.12. The company has a quick ratio of 0.25, a current ratio of 1.53 and a debt-to-equity ratio of 68.96.

Orvana Minerals (TSE:ORV) last posted its earnings results on Wednesday, November 26th. The company reported C$0.02 earnings per share for the quarter. The firm had revenue of C$35.07 million for the quarter. Orvana Minerals had a negative net margin of 5.48% and a negative return on equity of 9.41%.

Orvana Minerals Company Profile

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.