Orvana Minerals (TSE:ORV) Releases Quarterly Earnings Results

Orvana Minerals (TSE:ORV) posted its quarterly earnings data on Wednesday. The company reported C$0.14 earnings per share 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 Trading Up 16.5%

ORV traded up C$0.35 during trading on Wednesday, reaching C$2.47. 827,808 shares of the company’s stock were exchanged, compared to its average volume of 246,709. The company’s fifty day moving average price is C$1.78 and its 200-day moving average price is C$1.82. The company has a debt-to-equity ratio of 237.92, a quick ratio of 0.25 and a current ratio of 0.83. The firm has a market capitalization of C$337.46 million, a PE ratio of -16.47 and a beta of 0.85. Orvana Minerals has a fifty-two week low of C$0.48 and a fifty-two week high of C$2.50.

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.