Orla Mining Ltd. (TSE:OLA - Get Free Report) has earned a consensus rating of "Buy" from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is C$14.82.
OLA has been the subject of several recent research reports. Royal Bank Of Canada boosted their price target on Orla Mining from C$15.00 to C$18.00 in a research note on Wednesday, June 4th. Stifel Nicolaus upped their target price on Orla Mining from C$15.50 to C$19.00 in a research report on Monday, April 21st. Finally, CIBC upped their target price on Orla Mining from C$16.25 to C$18.50 in a research report on Thursday, April 17th.
Check Out Our Latest Report on Orla Mining
Insider Transactions at Orla Mining
In other news, Director David Andrew Stephens sold 7,500 shares of the stock in a transaction dated Monday, June 16th. The stock was sold at an average price of C$15.47, for a total value of C$116,025.75. Also, Director Timothy Quentin Haldane sold 17,962 shares of the stock in a transaction dated Monday, June 9th. The shares were sold at an average price of C$15.06, for a total value of C$270,527.48. Insiders sold 50,462 shares of company stock worth $781,286 in the last 90 days. 51.68% of the stock is currently owned by company insiders.
Orla Mining Stock Performance
OLA traded up C$0.57 during trading on Thursday, hitting C$14.29. The stock had a trading volume of 1,399,535 shares, compared to its average volume of 631,077. The company has a 50 day moving average price of C$14.69 and a 200-day moving average price of C$12.72. The firm has a market cap of C$3.24 billion, a price-to-earnings ratio of 305.44 and a beta of 1.57. Orla Mining has a one year low of C$4.60 and a one year high of C$17.45. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22.
About Orla Mining
(
Get Free ReportOrla 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.
Featured Stories
Before you consider Orla Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Orla Mining wasn't on the list.
While Orla Mining currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
