Orla Mining Ltd. (TSE:OLA) Director Sells C$270,527.48 in Stock

Orla Mining Ltd. (TSE:OLA - Get Free Report) Director Timothy Quentin Haldane sold 17,962 shares of the firm's stock in a transaction that occurred on Monday, June 9th. The shares were sold at an average price of C$15.06, for a total value of C$270,527.48.

Orla Mining Price Performance

Shares of Orla Mining stock traded down C$0.14 during trading on Friday, hitting C$14.86. 591,030 shares of the company's stock traded hands, compared to its average volume of 605,543. The company has a market cap of C$3.37 billion, a PE ratio of 317.62 and a beta of 1.57. The firm's fifty day moving average price is C$14.53 and its 200 day moving average price is C$11.36. Orla Mining Ltd. has a twelve month low of C$4.60 and a twelve month high of C$16.98. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22.

Analyst Ratings Changes

Several equities analysts recently commented on OLA shares. CIBC upped their target price on shares of Orla Mining from C$16.25 to C$18.50 in a research note on Thursday, April 17th. Stifel Canada raised shares of Orla Mining to a "strong-buy" rating in a research report on Wednesday, March 19th. Stifel Nicolaus increased their target price on shares of Orla Mining from C$15.50 to C$19.00 in a research note on Monday, April 21st. Desjardins boosted their price target on Orla Mining from C$12.00 to C$13.00 and gave the company a "buy" rating in a research note on Wednesday, March 19th. Finally, Royal Bank of Canada raised their price objective on Orla Mining from C$15.00 to C$18.00 in a research report on Wednesday, June 4th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of C$14.82.

Orla Mining Company Profile

Orla Mining Ltd is a mineral exploration company. It is engaged in the acquisition and exploration of mineral properties. The company holds two gold projects; the Camino Rojo gold and silver project in Zacatecas State, Mexico, and the Cerro Quema gold project in Panama. It conducts business activities in the geographic areas of Mexico, Panama, the United States, and Canada.