Orvana Minerals (TSE:ORV) Sets New 52-Week High – Still a Buy?

Shares of Orvana Minerals Corp. (TSE:ORV) reached a new 52-week high during trading on Monday . The stock traded as high as C$2.66 and last traded at C$2.64, with a volume of 359522 shares traded. The stock had previously closed at C$2.49.

Orvana Minerals Stock Performance

The firm has a market cap of C$370.25 million, a PE ratio of 19.36 and a beta of 0.68. The stock has a 50-day moving average price of C$1.91 and a 200 day moving average price of C$1.86. The company has a debt-to-equity ratio of 133.22, a current ratio of 0.58 and a quick ratio of 0.25.

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

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.