Orvana Minerals (TSE:ORV) Trading 9.3% Higher – Here’s Why

Orvana Minerals Corp. (TSE:ORV) shares traded up 9.3% during mid-day trading on Monday . The stock traded as high as C$2.25 and last traded at C$2.24. 116,171 shares were traded during trading, a decline of 54% from the average session volume of 252,157 shares. The stock had previously closed at C$2.05.

Orvana Minerals Price Performance

The company has a 50 day moving average of C$1.83 and a 200-day moving average of C$1.88. The stock has a market capitalization of C$251.39 million, a P/E ratio of -184.00 and a beta of 0.85. The company has a quick ratio of 0.25, a current ratio of 0.66 and a debt-to-equity ratio of 166.90.

Orvana Minerals (TSE:ORV) last announced its quarterly earnings data on Thursday, February 12th. The company reported C($0.07) earnings per share (EPS) for the quarter. Orvana Minerals had a negative return on equity of 4.33% and a negative net margin of 1.58%.The firm had revenue of C$43.97 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.