Orla Mining Ltd. (TSE:OLA - Get Free Report) Senior Officer Etienne Morin sold 10,000 shares of the stock in a transaction dated Friday, June 20th. The shares were sold at an average price of C$15.51, for a total transaction of C$155,064.00.
Orla Mining Trading Down 5.4%
Shares of TSE OLA traded down C$0.82 during midday trading on Monday, reaching C$14.25. 729,598 shares of the stock were exchanged, compared to its average volume of 617,557. The company has a 50 day simple moving average of C$14.73 and a 200 day simple moving average of C$11.65. The stock has a market capitalization of C$3.23 billion, a P/E ratio of 304.58 and a beta of 1.57. The company has a debt-to-equity ratio of 12.68, a quick ratio of 1.22 and a current ratio of 4.54. Orla Mining Ltd. has a twelve month low of C$4.60 and a twelve month high of C$16.98.
Wall Street Analyst Weigh In
OLA has been the subject of a number of recent research reports. CIBC increased their price objective on shares of Orla Mining from C$16.25 to C$18.50 in a report on Thursday, April 17th. Desjardins increased their price objective on shares of Orla Mining from C$12.00 to C$13.00 and gave the company a "buy" rating in a report on Wednesday, March 19th. Stifel Canada upgraded shares of Orla Mining to a "strong-buy" rating in a report on Wednesday, March 19th. Cormark increased their price objective on shares of Orla Mining from C$10.00 to C$12.00 in a report on Thursday, March 20th. Finally, Stifel Nicolaus increased their price objective on shares of Orla Mining from C$15.50 to C$19.00 in a report on Monday, April 21st. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of C$14.82.
Read Our Latest Research Report on OLA
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
