Orvana Minerals (TSE:ORV) Reaches New 1-Year High – Should You Buy?

Orvana Minerals Corp. (TSE:ORVGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$2.10 and last traded at C$2.00, with a volume of 340256 shares trading hands. The stock had previously closed at C$1.95.

Orvana Minerals Price Performance

The company has a debt-to-equity ratio of 68.96, a current ratio of 1.53 and a quick ratio of 0.25. The company’s 50 day simple moving average is C$1.55 and its 200 day simple moving average is C$0.92. The company has a market capitalization of C$273.25 million, a PE ratio of -22.22 and a beta of -0.22.

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.

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