Orvana Minerals (TSE:ORV) Stock Price Down 3.5% – What’s Next?

Shares of Orvana Minerals Corp. (TSE:ORV – Get Free Report) fell 3.5% during trading on Wednesday. The company traded as low as C$1.60 and last traded at C$1.66. Approximately 107,510 shares were traded during trading, a decline of 47% from the average daily volume of 202,595 shares. The stock had previously closed at C$1.72.

Orvana Minerals Stock Performance

The company has a quick ratio of 0.25, a current ratio of 0.58 and a debt-to-equity ratio of 133.22. The business has a 50 day moving average price of C$2.17 and a 200 day moving average price of C$1.97. The stock has a market cap of C$226.79 million, a P/E ratio of 11.86 and a beta of 0.33.

Orvana Minerals (TSE:ORV – Get Free Report) last announced its quarterly earnings results on Thursday, August 13th. The company reported C$0.19 earnings per share (EPS) for the quarter. Orvana Minerals had a return on equity of 33.47% and a net margin of 11.78%. The firm had revenue of C$64.91 million during the quarter.

Orvana Minerals Company Profile

(Get Free Report)

Orvana is a multi-mine gold-copper-silver company. Orvana’s assets consist of the producing Orovalle operation in northern Spain ; the Don Mario operation in Bolivia and the Taguas property located in Argentina. Additional information is available at Orvana’s website ( www.orvana.com ).

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