Orvana Minerals (TSE:ORV) Stock Price Down 7.1%

Shares of Orvana Minerals Co. (TSE:ORV) were down 7.1% during mid-day trading on Tuesday . The stock traded as low as C$0.12 and last traded at C$0.13, approximately 167,900 shares changed hands during trading. An increase of 77% from the average daily volume of 94,942 shares. The stock had previously closed at C$0.14.

The company has a current ratio of 0.85, a quick ratio of 0.34 and a debt-to-equity ratio of 26.72. The firm has a market capitalization of $17.76 million and a price-to-earnings ratio of -3.33. The company has a 50-day moving average of C$0.16 and a 200-day moving average of C$0.26.

About Orvana Minerals (TSE:ORV)

Orvana Minerals Corp., through its subsidiaries, engages in the exploration, evaluation, development, and mining of mineral properties. It explores for gold, copper, silver, precious, and base metal deposits. The company holds interests in the Don Mario Mine, an open-pit mine located in the south-eastern Bolivia; and El Valle and Carlés Mine located in the Rio Narcea Gold Belt in northern Spain.

Further Reading: Cost of Debt

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