Orvana Minerals (TSE:ORV) Trading Down 7.1%

Orvana Minerals Co. (TSE:ORV)’s share price dropped 7.1% during trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.13, approximately 167,900 shares were traded during trading. An increase of 77% from the average daily volume of 94,942 shares. The stock had previously closed at C$0.14.

The firm’s 50 day moving average is C$0.16 and its two-hundred day moving average is C$0.26. The stock has a market cap of $17.76 million and a price-to-earnings ratio of -6.67. The company has a current ratio of 0.89, a quick ratio of 0.33 and a debt-to-equity ratio of 28.65.

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About Orvana Minerals (TSE:ORV)

Orvana Minerals Corp., through its subsidiaries, engages in the exploration, evaluation, development, and mining of mineral properties. It explores for gold, copper, silver, precious, and base metal deposits. The company holds interests in the Don Mario Mine, an open-pit mine located in the south-eastern Bolivia; and El Valle and Carl├ęs Mine located in the Rio Narcea Gold Belt in northern Spain.

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