Orvana Minerals (TSE:ORV) has released an update.
Orvana Minerals Corp. reported a robust third quarter in fiscal 2024 with a significant boost in financial performance, generating $7.5 million in cash from operations due to increased metal production and favorable metal prices. Additionally, the company has successfully placed 80% of its bonds program in Bolivia, anticipating the announcement of a construction start date shortly. Production in Spain saw a 29% increase in gold equivalent ounces compared to the previous quarter.
For further insights into TSE:ORV stock, check out TipRanks’ Stock Analysis page.