Orvana Minerals (TSE:ORV) Hits New 12-Month High – Should You Buy?

Shares of Orvana Minerals Corp. (TSE:ORV) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$2.83 and last traded at C$2.78, with a volume of 223771 shares trading hands. The stock had previously closed at C$2.61.

Orvana Minerals Trading Up 5.0%

The firm has a fifty day moving average of C$2.00 and a 200 day moving average of C$1.89. The firm has a market capitalization of C$374.35 million, a PE ratio of 19.57 and a beta of 0.68. The company has a debt-to-equity ratio of 133.22, a quick ratio of 0.25 and a current ratio of 0.58.

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

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.