Orvana Minerals (TSE:ORV) Sets New 52-Week High – Still a Buy?

Orvana Minerals Corp. (TSE:ORV) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$2.54 and last traded at C$2.48, with a volume of 290777 shares changing hands. The stock had previously closed at C$2.49.

Orvana Minerals Stock Down 0.4%

The company has a quick ratio of 0.25, a current ratio of 0.83 and a debt-to-equity ratio of 237.92. The firm has a market cap of C$338.83 million, a PE ratio of -16.53 and a beta of 0.85. The firm’s 50 day moving average is C$1.79 and its 200-day moving average is C$1.83.

Orvana Minerals (TSE:ORV) last announced its quarterly earnings data on Wednesday, May 13th. The company reported C$0.14 earnings per share (EPS) for the quarter. Orvana Minerals had a negative net margin of 19.14% and a negative return on equity of 42.64%.

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.