Orvana Minerals Corp. (OTCMKTS:ORVMF) Sees Significant Increase in Short Interest

Orvana Minerals Corp. (OTCMKTS:ORVMFGet Free Report) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 31,800 shares, an increase of 24.2% from the December 15th total of 25,600 shares. Based on an average daily volume of 16,700 shares, the short-interest ratio is currently 1.9 days.

Orvana Minerals Stock Performance

ORVMF remained flat at $0.21 during mid-day trading on Friday. The company has a 50 day simple moving average of $0.20 and a 200-day simple moving average of $0.22. Orvana Minerals has a 52-week low of $0.07 and a 52-week high of $0.31.

About Orvana Minerals

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Orvana Minerals Corp., a mining and exploration company, engages in the evaluation, development, and mining of gold, copper, silver, and other precious and base metal deposits. It owns and operates El Valle and Carlés mines that produces copper concentrate located in the Rio Narcea Gold Belt, northern Spain.

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