Orla Mining Ltd. (TSE:OLA - Get Free Report) Senior Officer Etienne Morin sold 77,470 shares of the business's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of C$13.00, for a total transaction of C$1,007,110.00.
Orla Mining Stock Performance
OLA stock traded down C$0.26 during midday trading on Friday, reaching C$13.10. 670,776 shares of the company were exchanged, compared to its average volume of 631,939. The firm has a market capitalization of C$2.97 billion, a price-to-earnings ratio of 280.00 and a beta of 1.57. The business has a 50-day moving average price of C$10.51 and a two-hundred day moving average price of C$8.08. Orla Mining Ltd. has a one year low of C$4.60 and a one year high of C$13.76. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22.
Analyst Ratings Changes
Several research analysts have weighed in on OLA shares. Cormark boosted their price target on Orla Mining from C$10.00 to C$12.00 in a research report on Thursday, March 20th. Stifel Nicolaus set a C$15.50 target price on shares of Orla Mining and gave the stock a "buy" rating in a report on Wednesday, March 19th. BMO Capital Markets upped their price target on shares of Orla Mining from C$12.50 to C$14.50 in a research report on Thursday, March 20th. CIBC lifted their price objective on shares of Orla Mining from C$11.50 to C$13.75 and gave the company an "outperform" rating in a research report on Wednesday, March 19th. Finally, Scotiabank upped their target price on shares of Orla Mining from C$7.75 to C$8.75 in a report on Wednesday, January 15th. One investment 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. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of C$11.86.
Check Out Our Latest Research Report on Orla Mining
About Orla Mining
(
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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.
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