Orvana Minerals (TSE:ORV) Reaches New 1-Year High – What’s Next?

Orvana Minerals Corp. (TSE:ORV) reached a new 52-week high during trading on Tuesday . The company traded as high as C$2.83 and last traded at C$2.78, with a volume of 223771 shares traded. The stock had previously closed at C$2.61.

Orvana Minerals Price Performance

The company has a 50-day moving average of C$2.04 and a 200-day moving average of C$1.90. The company has a debt-to-equity ratio of 133.22, a quick ratio of 0.25 and a current ratio of 0.58. The firm has a market capitalization of C$381.18 million, a price-to-earnings ratio of 19.93 and a beta of 0.68.

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

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.