Orla Mining Ltd. (TSE:OLA) Director Sells C$2,650,000.00 in Stock

Orla Mining Ltd. (TSE:OLA - Get Free Report) Director Jean Robitaille sold 200,000 shares of the firm's stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of C$13.25, for a total transaction of C$2,650,000.00.

Jean Robitaille also recently made the following trade(s):

• On Monday, March 24th, Jean Robitaille sold 42,906 shares of Orla Mining stock. The stock was sold at an average price of C$13.00, for a total transaction of C$557,778.00.

Orla Mining Stock Down 1.1 %

Shares of OLA traded down C$0.15 during midday trading on Tuesday, hitting C$13.29. The company had a trading volume of 381,881 shares, compared to its average volume of 626,341. Orla Mining Ltd. has a 1 year low of C$4.60 and a 1 year high of C$13.77. The company's 50-day simple moving average is C$10.61 and its 200-day simple moving average is C$8.17. The firm has a market capitalization of C$3.01 billion, a P/E ratio of 284.06 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.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Desjardins upped their price target on Orla Mining from C$12.00 to C$13.00 and gave the stock a "buy" rating in a report on Wednesday, March 19th. Stifel Nicolaus set a C$15.50 price objective on shares of Orla Mining and gave the stock a "buy" rating in a research report on Wednesday, March 19th. TD Securities upgraded shares of Orla Mining to a "hold" rating in a research report on Tuesday, February 4th. Stifel Canada raised shares of Orla Mining to a "strong-buy" rating in a research note on Wednesday, March 19th. Finally, Scotiabank upped their price target on Orla Mining from C$7.75 to C$8.75 in a research report on Wednesday, January 15th. 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 company. According to data from MarketBeat, Orla Mining presently has an average rating of "Buy" and a consensus target price of C$11.86.

About Orla Mining

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.