Orla Mining Ltd. (TSE:OLA - Get Free Report) Director Timothy Quentin Haldane sold 25,000 shares of the company's stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of C$4.97, for a total value of C$124,362.50.
Orla Mining Stock Performance
Shares of TSE OLA traded up C$0.10 during midday trading on Thursday, hitting C$5.13. 321,355 shares of the company's stock traded hands, compared to its average volume of 792,754. The company has a debt-to-equity ratio of 22.78, a quick ratio of 1.22 and a current ratio of 5.07. The stock has a market capitalization of C$1.62 billion, a price-to-earnings ratio of -42.75 and a beta of 1.56. The firm has a fifty day moving average of C$4.74 and a 200 day moving average of C$4.57. Orla Mining Ltd. has a 1 year low of C$3.53 and a 1 year high of C$6.71.
Wall Street Analysts Forecast Growth
Several brokerages have commented on OLA. Royal Bank of Canada set a C$6.00 price objective on Orla Mining and gave the company an "outperform" rating in a research report on Friday, December 15th. Stifel Nicolaus cut their price objective on shares of Orla Mining from C$6.50 to C$5.25 and set a "buy" rating on the stock in a report on Thursday, December 21st. TD Securities cut Orla Mining from a "buy" rating to a "hold" rating and dropped their price target for the stock from C$5.50 to C$4.50 in a research report on Monday, December 11th. Desjardins reduced their price objective on Orla Mining from C$7.25 to C$6.50 and set a "buy" rating for the company in a research report on Wednesday, January 17th. Finally, BMO Capital Markets cut their target price on Orla Mining from C$8.00 to C$7.50 and set an "outperform" rating on the stock in a research note on Tuesday, December 19th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$6.09.
View Our Latest Research Report on OLA
Orla Mining Company Profile
(
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Orla Mining Ltd. acquires, explores, operates, and develops mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 138,636 hectares located in Zacatecas, Mexico; and Cerro Quema project totaling an area of 14,893 hectares located in the Azuero Peninsula, Panama.
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