Orvana Minerals (TSE:ORV) Hits New 1-Year High – Here’s Why

Orvana Minerals Corp. (TSE:ORV) hit a new 52-week high on Monday . The company traded as high as C$2.66 and last traded at C$2.64, with a volume of 359522 shares. The stock had previously closed at C$2.49.

Orvana Minerals Trading Up 6.0%

The company has a debt-to-equity ratio of 133.22, a current ratio of 0.58 and a quick ratio of 0.25. The company has a market capitalization of C$360.68 million, a P/E ratio of 18.86 and a beta of 0.68. The firm has a fifty day moving average price of C$1.88 and a 200-day moving average price of C$1.85.

Orvana Minerals (TSE:ORV) last posted its quarterly earnings data on Thursday, August 13th. The company reported C$0.19 earnings per share for the quarter. The business had revenue of C$64.91 million for the quarter. Orvana Minerals had a return on equity of 33.47% and a net margin of 11.78%.

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. 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.