Orvana Minerals (TSE:ORV) Issues Quarterly Earnings Results

Orvana Minerals (TSE:ORV) announced its quarterly earnings data on Wednesday. The company reported C$0.14 earnings per share (EPS) for the quarter, RTT News reports. Orvana Minerals had a negative return on equity of 42.64% and a negative net margin of 19.14%.

Orvana Minerals Stock Performance

ORV traded up C$0.36 during trading hours on Wednesday, hitting C$2.48. 841,920 shares of the stock were exchanged, compared to its average volume of 247,473. The company has a debt-to-equity ratio of 237.92, a current ratio of 0.83 and a quick ratio of 0.25. The stock has a market cap of C$338.83 million, a price-to-earnings ratio of -16.53 and a beta of 0.85. Orvana Minerals has a 12 month low of C$0.48 and a 12 month high of C$2.50. The stock has a 50-day simple moving average of C$1.78 and a 200-day simple moving average of C$1.82.

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.