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

Orvana Minerals Corp. (TSE:ORV)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.33 and traded as high as C$0.37. Orvana Minerals shares last traded at C$0.37, with a volume of 8,000 shares.

Orvana Minerals Price Performance

The company has a market capitalization of C$38.00 million, a PE ratio of -7.67 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. The company’s 50 day simple moving average is C$0.33 and its 200 day simple moving average is C$0.33.

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.