Orvana Minerals (TSE:ORV) Shares Up 9.3% – Time to Buy?

Orvana Minerals Corp. (TSE:ORV)’s stock price shot up 9.3% on Monday . The stock traded as high as C$2.25 and last traded at C$2.24. 116,171 shares traded hands during trading, a decline of 54% from the average session volume of 252,157 shares. The stock had previously closed at C$2.05.

Orvana Minerals Trading Up 9.8%

The firm has a market capitalization of C$307.40 million, a PE ratio of -225.00 and a beta of 0.85. The company has a quick ratio of 0.25, a current ratio of 0.66 and a debt-to-equity ratio of 166.90. The business’s fifty day moving average price is C$1.82 and its 200 day moving average price is C$1.87.

Orvana Minerals (TSE:ORV) last announced its quarterly earnings results on Wednesday, May 13th. The company reported C$0.14 earnings per share for the quarter. Orvana Minerals had a negative net margin of 1.58% and a negative return on equity of 4.33%.

About Orvana Minerals

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. It also owns an interest in The Don Mario District. The company primarily operates in the gold and copper mining industry and its products are gold dore and gold & copper concentrates.