Orvana Minerals (TSE:ORV) Trading 18.2% Higher – Here’s What Happened

Orvana Minerals Corp. (TSE:ORVGet Free Report) shares rose 18.2% on Friday . The company traded as high as C$2.16 and last traded at C$2.14. Approximately 290,908 shares were traded during trading, an increase of 25% from the average daily volume of 232,154 shares. The stock had previously closed at C$1.81.

Orvana Minerals Price Performance

The stock has a 50 day moving average of C$1.82 and a two-hundred day moving average of C$1.87. The company has a debt-to-equity ratio of 166.90, a quick ratio of 0.25 and a current ratio of 0.66. The firm has a market capitalization of C$295.11 million, a P/E ratio of -216.00 and a beta of 0.72.

Orvana Minerals Company Profile

(Get Free Report)

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.

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