Orvana Minerals (TSE:ORV) Shares Down 7.1% – Here’s Why

Shares of Orvana Minerals Corp. (TSE:ORVGet Free Report) traded down 7.1% on Thursday . The company traded as low as C$0.26 and last traded at C$0.26. 6,600 shares changed hands during mid-day trading, a decline of 84% from the average session volume of 40,886 shares. The stock had previously closed at C$0.28.

Orvana Minerals Stock Performance

The stock has a market capitalization of C$35.52 million, a price-to-earnings ratio of -13.00 and a beta of 1.08. The company has a 50 day simple moving average of C$0.37 and a 200-day simple moving average of C$0.29. The company has a quick ratio of 0.25, a current ratio of 0.66 and a debt-to-equity ratio of 23.10.

Orvana Minerals Company Profile

(Get Free Report)

Orvana Minerals Corp., a mining and exploration company, engages in the evaluation, development, and mining of gold, copper, silver, and other precious and base metal deposits. It owns and operates El Valle and Carlés mines that produces copper concentrate located in the Rio Narcea Gold Belt, northern Spain.

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