Orla Mining Ltd. (TSE:OLA - Get Free Report) has received an average rating of "Buy" from the six research firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$14.75.
A number of research analysts have weighed in on the company. Stifel Nicolaus reduced their price target on Orla Mining from C$19.00 to C$18.50 and set a "buy" rating on the stock in a research note on Wednesday, August 6th. Royal Bank Of Canada upped their price objective on Orla Mining from C$15.00 to C$18.00 in a report on Wednesday, June 4th.
Read Our Latest Analysis on Orla Mining
Orla Mining Price Performance
Shares of OLA traded up C$0.75 on Monday, reaching C$14.18. The stock had a trading volume of 309,462 shares, compared to its average volume of 650,288. The firm has a market capitalization of C$3.21 billion, a PE ratio of 303.09 and a beta of 1.57. The company has a quick ratio of 1.22, a current ratio of 4.54 and a debt-to-equity ratio of 12.68. The firm has a 50-day moving average of C$14.36 and a 200 day moving average of C$13.40. Orla Mining has a twelve month low of C$5.24 and a twelve month high of C$17.45.
Insider Activity at Orla Mining
In related news, 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 transaction of C$270,527.48. Also, Senior Officer Sylvain Guerard sold 15,000 shares of Orla Mining stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of C$15.98, for a total transaction of C$239,668.50. Insiders have sold 50,462 shares of company stock worth $781,286 over the last ninety days. Insiders own 51.68% of the company's stock.
About Orla Mining
(
Get Free Report)
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.
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