Orvana Minerals (ORV) AI Stock Analysis

• Market Cap: C$259.58M
• Dividend Yield: N/A
• Average Volume (3M): 293.05K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.21
• Revenue Growth: 12.51%
• EPS Growth: -150.40%
• Country: CA
• Employees: 710
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): -0.12
• Shares Outstanding: 136,623,170
• 10 Day Avg. Volume: 261,699
• 30 Day Avg. Volume: 293,048
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: C$2.00 ▼(-0.99% Downside)

The overall stock score of 51 reflects significant financial challenges, including declining revenues and profitability, and a negative P/E ratio. However, the stock's technical indicators show a positive trend, providing some optimism. The lack of earnings call data and corporate events limits further insights into the company's future prospects.

Positive Factors

Improving gross and EBIT margins

Sustained improvement in gross margin and a strong EBIT margin indicate meaningful operational cost controls and unit economics improvement. This supports a durable path to profitability if maintained, enabling better coverage of fixed costs and resilience to commodity price swings.

Geographic and product diversification

Running producing assets in Bolivia and Spain diversifies geopolitical, operational, and geological risk. Combined gold and copper production across jurisdictions provides a more stable production and revenue base, reducing single-mine dependency and smoothing long-term cash flow volatility.

Material improvement in free cash flow growth

A large percentage improvement in free cash flow growth signals progress in converting revenue into cash, reflecting operational fixes or working capital gains. If sustained, this trend materially improves liquidity and lowers reliance on external financing for capital needs.

Negative Factors

Elevated leverage

A debt-to-equity ratio above 1.5 shows high financial leverage that can strain cash flow and increase vulnerability to commodity cycles. With leverage elevated, interest and repayment obligations limit reinvestment capacity and raise refinancing and solvency risk over the medium term.

Sustained unprofitability

A persistent negative net profit margin indicates the company is not generating surplus earnings after expenses and taxes. Continued losses erode equity, hinder reinvestment, and make achieving self-sustaining growth difficult without structural improvements or external capital infusions.

Negative free cash flow and weak cash conversion

Negative free cash flow and poor operating cash conversion highlight ongoing cash burn, constraining the ability to fund capex, reduce debt, or withstand downturns. Persistent negative cash generation increases reliance on external financing and elevates liquidity risk.

Orvana Minerals Business Overview & Revenue Model

Company Description

Orvana Minerals Corp., a mining and exploration company, engages in the evaluation, development, and mining of precious and base metal deposits. It owns and operates the gold, copper, and silver El Valle Mine and Carlés Mine located in the Rio Narcea Gold Belt, northern Spain. The company also owns gold and copper concessions in the Don Mario Mine situated in Don Mario district, southeastern Bolivia. In addition, it owns interest in Taguas property located in San Juan, Argentina. The company is headquartered in Toronto, Canada. Orvana Minerals Corp. is a subsidiary of Fabulosa Mines Limited.

How the Company Makes Money

Orvana Minerals generates revenue primarily through the sale of gold and copper concentrate produced at its mining operations. The company sells its products to various customers in the mining sector, which include smelters and refiners. Key revenue streams are derived from the extraction and processing of ore from its mines, with gold being the most significant contributor to its earnings. Additionally, Orvana benefits from fluctuating commodity prices, which can significantly impact revenue. The company may also enter into strategic partnerships or joint ventures that can enhance its operational capabilities and financial performance, although specific partnerships may vary over time.

Orvana Minerals Financial Statement Overview

Summary

Orvana Minerals faces challenges with declining revenues and profitability, as evidenced by negative net income and cash flow metrics. The company has increased its leverage, which could pose financial risks. Despite these challenges, there are signs of improved cost management and operational efficiency. The company needs to focus on stabilizing its revenue and improving cash flow generation to enhance its financial health.

Income Statement

Orvana Minerals has experienced a decline in revenue over the past year, with a revenue growth rate of -5.15%. The company also reported a negative net profit margin of -12.44% for the most recent year, indicating challenges in achieving profitability. However, the gross profit margin improved to 25.31% from the previous year, suggesting better cost management. The EBIT margin is relatively strong at 16.93%, but the EBITDA margin is lower at 4.72%, reflecting limited operational efficiency.

Balance Sheet

The company's debt-to-equity ratio increased to 1.52, indicating higher leverage and potential financial risk. The return on equity is negative at -27.13%, reflecting losses impacting shareholder value. However, the equity ratio stands at 27.44%, showing a reasonable proportion of equity financing. The balance sheet shows a mixed picture with increased debt levels but a stable equity base.

Cash Flow

Orvana Minerals reported a significant increase in free cash flow growth at 356.31%, but the free cash flow remains negative at -16.34 million. The operating cash flow to net income ratio is negative, indicating cash flow challenges relative to earnings. The free cash flow to net income ratio is also negative, highlighting difficulties in generating cash from operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	98.90M	98.90M	90.31M	99.12M	94.67M	105.51M
Gross Profit	25.04M	25.04M	11.60M	6.72M	-6.20M	13.30M
EBITDA	4.94M	4.67M	16.45M	20.36M	2.61M	19.76M
Net Income	-12.30M	-12.30M	-4.95M	2.71M	-13.72M	-1.11M
Balance Sheet
Total Assets	165.19M	165.19M	138.57M	123.25M	128.78M	144.94M
Cash, Cash Equivalents and Short-Term Investments	16.86M	16.86M	31.20M	8.33M	6.54M	11.33M
Total Debt	68.72M	68.72M	37.19M	16.14M	20.22M	14.71M
Total Liabilities	119.86M	119.86M	84.64M	66.69M	74.60M	75.07M
Stockholders Equity	45.33M	45.33M	53.93M	56.56M	54.18M	69.87M
Cash Flow
Free Cash Flow	-16.34M	-16.34M	5.86M	9.37M	-12.91M	2.42M
Operating Cash Flow	16.83M	16.83M	16.48M	21.04M	7.17M	16.57M
Investing Cash Flow	-34.05M	-34.05M	-13.18M	-11.55M	-18.73M	-12.88M
Financing Cash Flow	32.63M	32.63M	19.64M	-8.06M	4.98M	-7.71M

Orvana Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ORV, the sentiment is Positive. The current price of 2.02 is below the 20-day moving average (MA) of 2.06, above the 50-day MA of 1.80, and above the 200-day MA of 0.94, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 45.20 is Neutral, neither overbought nor oversold. The STOCH value of 16.25 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ORV.

Orvana Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SM	65 Neutral	C$333.94M	398.28	2.04%	―	694.29%	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SSV	61 Neutral	C$308.93M	-32.92	-19.63%	―	―	-34.83%
KCP	52 Neutral	C$307.31M	-18.36	-92.85%	―	―	-20.12%
ORV	51 Neutral	C$259.58M	-15.36	-24.86%	―	12.51%	-150.40%
CAPT	48 Neutral	C$275.00M	-159.85	-6.80%	―	―	14.37%
BRC	47 Neutral	C$505.57M	-18.11	-151.33%	―	―	-198.87%

Orvana Minerals Corporate Events

Orvana Minerals Announces Phased Restart of Don Mario Plant in Bolivia

Orvana Minerals has announced the phased restart of its Don Mario processing plant in Bolivia, marking a key milestone in its operational efforts. The restart emphasizes advancements in copper oxide processing technology, upgrades to existing circuits, and business-readiness improvements, with a targeted controlled ramp-up planned for early 2026. This initiative is poised to strengthen Orvana’s operational capacity and reinforces its strategic positioning in the mining sector through enhanced technological capabilities and production updates.

The most recent analyst rating on (TSE:ORV) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Orvana Minerals stock, see the TSE:ORV Stock Forecast page.

Orvana Minerals Reports FY2025 Results and Strategic Plans for 2026

Orvana Minerals Corp. has announced its fiscal year 2025 results, along with guidance for its Spanish subsidiary and a restart plan for its Bolivian operations. The company anticipates a stable performance in Spain and plans to resume full commercial production in Bolivia by April 2026, following significant plant expansions and funding secured for these developments. Additionally, Orvana is advancing its exploration program in Argentina, aiming to explore deeper mineralization potentials.

The most recent analyst rating on (TSE:ORV) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Orvana Minerals stock, see the TSE:ORV Stock Forecast page.

Orvana Minerals Launches Geophysical Survey at Taguas Project

Orvana Minerals Corp.’s subsidiary, Orvana Argentina S.A., has initiated a geophysical survey at the Taguas Project in Argentina to explore deeper mineralization potential beyond the existing gold-silver resource. This strategic move, part of a broader exploration program, aims to refine geological models and prioritize drilling targets, potentially enhancing Orvana’s long-term value and guiding future project development decisions.

The most recent analyst rating on (TSE:ORV) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Orvana Minerals stock, see the TSE:ORV Stock Forecast page.

Orvana Secures $25M Financing and Offtake Agreements for Don Mario Expansion

Orvana Minerals Corp. announced that its Bolivian subsidiary, Empresa Minera Paitití, S.A., has secured a US$25 million prepayment facility and entered into offtake agreements with Trafigura for copper cathodes and doré bars from the Don Mario Operation. This financing will fully fund the remaining capital needed for the Don Mario plant expansion, which is on track for completion by the end of 2025, with commissioning expected in early 2026. The agreements provide financial support and market certainty, enhancing Orvana’s operational capabilities and industry positioning.

The most recent analyst rating on (TSE:ORV) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Orvana Minerals stock, see the TSE:ORV Stock Forecast page.

Orvana Minerals Reacquires Royalty Interest to Boost Taguas Project

Orvana Minerals has strengthened its position in the Taguas Property in Argentina by reacquiring a 1% net smelter return royalty. This move is expected to improve project economics by reducing future royalty obligations, enhancing potential cash flows, and increasing flexibility for future partnerships or financing. The company plans to conduct a geophysical survey and deep drilling to explore the property’s gold-copper porphyry potential, aiming to advance its strategic options and capitalize on potential metal price increases.

The most recent analyst rating on (TSE:ORV) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Orvana Minerals stock, see the TSE:ORV Stock Forecast page.

Orvana Minerals Reports Q4 FY2025 Results and Strategic Developments

Orvana Minerals Corp. reported its Q4 FY2025 production and exploration results from its operations in Orovalle, Spain. The company produced 7,587 gold equivalent ounces in the quarter, with a notable decrease in gold and copper production compared to the previous quarter due to planned maintenance and ore sourcing changes. Despite the production challenges, the company highlighted successful exploration efforts, including significant drilling results at El Valle Boinás, which support its strategy to extend mine life by increasing resource inventory. The ramp-up of operations at Carlés is expected to further reduce operational risks by providing access to ore from two independent deposits.

The most recent analyst rating on (TSE:ORV) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Orvana Minerals stock, see the TSE:ORV Stock Forecast page.