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

Orvana Minerals Corp. (TSE:ORV)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$2.49 and last traded at C$2.29, with a volume of 286349 shares. The stock had previously closed at C$2.31.

Orvana Minerals Price Performance

The company has a market cap of C$258.22 million, a price-to-earnings ratio of -21.00 and a beta of -0.12. The company has a current ratio of 1.53, a quick ratio of 0.25 and a debt-to-equity ratio of 68.96. The business has a 50-day moving average price of C$2.01 and a 200 day moving average price of C$1.28.

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

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.