Orvana Minerals (TSE:ORV) Hits New 1-Year High – Here’s Why

Orvana Minerals Corp. (TSE:ORVGet Free Report) hit a new 52-week high on Wednesday . The company traded as high as C$0.45 and last traded at C$0.47, with a volume of 400411 shares traded. The stock had previously closed at C$0.39.

Orvana Minerals Trading Up 15.4 %

The business has a 50 day moving average of C$0.34 and a two-hundred day moving average of C$0.34. The company has a current ratio of 1.53, a quick ratio of 0.25 and a debt-to-equity ratio of 68.96. The firm has a market cap of C$44.42 million, a P/E ratio of -8.97 and a beta of 1.08.

About Orvana Minerals

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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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