Orvana Minerals (TSE:ORV) Hits New 12-Month High – What’s Next?

Orvana Minerals Corp. (TSE:ORV) shares reached a new 52-week high during trading on Monday . The company traded as high as C$2.27 and last traded at C$2.12, with a volume of 216069 shares traded. The stock had previously closed at C$2.27.

Orvana Minerals Trading Down 7.0%

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 business has a fifty day moving average of C$1.69 and a 200-day moving average of C$1.01. The stock has a market capitalization of C$288.27 million, a price-to-earnings ratio of -23.44 and a beta of -0.22.

Orvana Minerals (TSE:ORV) last issued its quarterly earnings results on Wednesday, November 26th. The company reported C$0.02 earnings per share for the quarter. The company had revenue of C$35.07 million during the quarter. Orvana Minerals had a negative net margin of 5.48% and a negative return on equity of 9.41%.

About Orvana Minerals

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.