Orvana Minerals (TSE:ORV) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Shares of Orvana Minerals Corp. (TSE:ORVGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.42 and traded as high as C$0.55. Orvana Minerals shares last traded at C$0.50, with a volume of 73,358 shares traded.

Orvana Minerals Price Performance

The stock’s 50 day moving average is C$0.56 and its two-hundred day moving average is C$0.42. The stock has a market capitalization of C$49.35 million, a PE ratio of -9.97 and a beta of 1.08. The company has a debt-to-equity ratio of 68.96, a current ratio of 1.53 and a quick ratio of 0.25.

About Orvana Minerals

(Get Free Report)

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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