Orvana Minerals (TSE:ORV) Issues Quarterly Earnings Results

Orvana Minerals (TSE:ORV) released its earnings results on Thursday. The company reported C$0.19 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$64.91 million during the quarter. Orvana Minerals had a negative return on equity of 4.33% and a negative net margin of 1.58%.

Orvana Minerals Price Performance

Shares of ORV stock traded down C$0.06 on Thursday, hitting C$2.11. 91,136 shares of the company’s stock were exchanged, compared to its average volume of 222,692. The company has a 50 day moving average of C$1.78 and a 200 day moving average of C$1.84. The stock has a market cap of C$288.27 million, a P/E ratio of -211.00 and a beta of 0.68. The company has a debt-to-equity ratio of 166.90, a current ratio of 0.66 and a quick ratio of 0.25. Orvana Minerals has a 12 month low of C$0.48 and a 12 month high of C$2.54.

Orvana Minerals Company Profile

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.