Orla Mining Ltd. (TSE:OLA - Get Free Report) Director Charles A. Jeannes sold 15,023 shares of the business's stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of C$12.86, for a total value of C$193,257.37.
Orla Mining Stock Down 1.9 %
Shares of TSE OLA traded down C$0.26 on Friday, reaching C$13.10. 670,776 shares of the company's stock traded hands, compared to its average volume of 631,939. 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 business's 50 day simple moving average is C$10.51 and its two-hundred day simple moving average is C$8.08. Orla Mining Ltd. has a 12 month low of C$4.60 and a 12 month high of C$13.76. The company has a market cap of C$2.97 billion, a price-to-earnings ratio of 280.00 and a beta of 1.57.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on OLA shares. Stifel Canada raised shares of Orla Mining to a "strong-buy" rating in a research report on Wednesday, March 19th. Cormark increased their price target on shares of Orla Mining from C$10.00 to C$12.00 in a research note on Thursday, March 20th. Desjardins raised their price objective on shares of Orla Mining from C$12.00 to C$13.00 and gave the stock a "buy" rating in a report on Wednesday, March 19th. Scotiabank upped their target price on Orla Mining from C$7.75 to C$8.75 in a report on Wednesday, January 15th. Finally, CIBC raised their target price on Orla Mining from C$11.50 to C$13.75 and gave the company an "outperform" rating in a research note on Wednesday, March 19th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Orla Mining currently has a consensus rating of "Buy" and a consensus target price of C$11.86.
Check Out Our Latest Report on OLA
Orla Mining Company Profile
(
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.
Read More
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
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
