03:46 PM EST - Orvana Minerals Corp. : reported a drop in fourth-quarter earnings, however, revenues for the quarter increased year-over-year. Net income for the fourth-quarter decreased to US$4.61 million or US$0.04 per share from US$6.94 million or US$0.06 per share in the year-ago quarter. Quarterly revenue was US$15.68 million, up from US$14.18 million in the year-earlier quarter. For the fiscal year, net income dropped to US$25.71 million or US$0.22 per share from US$26.02 million or US$0.23 per share last year. Revenue for the period rose to US$69.06 million from US$55.92 million prior year. Orvana Minerals Corp.
shares T.ORV are trading up 1 cent at $0.46.
