RE:RE:Gold at $1300 maurizion,
Back in December 2015 when ORV put in its price low at 10 cents Canadian, the stock valuation was $575 USD in market capitalization per ounce of quarterly gold equivalent production. This November, they couldn't push the stock below 12 cents Canadian, and thanks to record quarterly gold production, the stock valuation was $100 USD per ounce lower than at the 2016 low.
And the AISC margin per ounce of gold production has gone from minus $500 USD/oz to positive $100 USD/oz which implies that Orvana will report a profit in the current quarter, and a larger profit in fiscal Q2 2019 as the gold price ascent continues.
At the bottom in 2016, Orvana produced 67,785 ounces of gold and 98,960 ounces of gold equivalent with the main by product being copper and silver, the minor by product.
In FY 2018, gold production increased to 103,384 ounces and gold equivalent production increased to 126,000 ounces.
After a 29 percent price increase in Orvana's stock since mid-November, Orvana continues to be the cheapest multi-mine junior gold producer with greater than 30,000 ounces of gold equivalent production. In the last 6 weeks, Orvana has been the sixth best performing junior gold stock in terms of price appreciation. The 3 best performing junior gold stocks have been MNDJF, ALO, and ORVMF.
The bashers of this stock are going to have to up their game. Have a look at the following charts. Maybe it will help you to get up to speed.