11:28 AM EDT, 10/17/2025 (MT Newswires) -- Orvana Minerals ( ORVMF ) reported Friday lower gold equivalent production in the fourth quarter of its fiscal 2025.

The company produced 7,587 ounces of gold equivalent in the three months ended Sept. 30, dropping from 11,862 ounces of gold equivalent produced a year ago.

Gold output fell to 6,317 ounces from 9,888 ounces, copper output slid to 773,000 pounds from 961,000 pounds, and silver output was down to 24,279 ounces from 29,864 ounces.

Meanwhile, Orvana reported exploration results from fourth-quarter drilling in Area A2 of its Orovalle operation in Spain. Highlights include 18.75 grams per tonne gold over 8.7 meters and

14.68 grams per tonne gold over 9.0 meters.

Orvana's share price traded 8% lower to $1.30 early Friday on the Toronto Stock Exchange.

Price: 1.29, Change: -0.13, Percent Change: -9.15