Orla Mining Ltd. (TSE:OLA) Senior Officer Sells C$239,668.50 in Stock

Orla Mining Ltd. (TSE:OLA - Get Free Report) Senior Officer Sylvain Guerard sold 15,000 shares of the firm's 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.

Orla Mining Trading Down 0.2%

Shares of OLA stock traded down C$0.03 during mid-day trading on Thursday, reaching C$15.15. 94,412 shares of the stock traded hands, compared to its average volume of 607,444. Orla Mining Ltd. has a 1-year low of C$4.60 and a 1-year high of C$16.98. 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 company has a market cap of C$3.43 billion, a price-to-earnings ratio of 323.82 and a beta of 1.57. The stock's fifty day simple moving average is C$14.69 and its two-hundred day simple moving average is C$11.47.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on OLA shares. Stifel Nicolaus boosted their target price on shares of Orla Mining from C$15.50 to C$19.00 in a research report on Monday, April 21st. Desjardins raised their target price on Orla Mining from C$12.00 to C$13.00 and gave the company a "buy" rating in a report on Wednesday, March 19th. BMO Capital Markets boosted their price target on Orla Mining from C$12.50 to C$14.50 in a report on Thursday, March 20th. Royal Bank Of Canada upped their price objective on Orla Mining from C$15.00 to C$18.00 in a research report on Wednesday, June 4th. Finally, Stifel Canada upgraded Orla Mining to a "strong-buy" rating in a research report on Wednesday, March 19th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus 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.