Orla Mining Ltd. (TSE:OLA - Get Free Report) Senior Officer Paul Schmidt sold 50,000 shares of Orla Mining stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of C$13.19, for a total transaction of C$659,660.00.
Orla Mining Trading Up 2.6 %
TSE OLA traded up C$0.34 on Monday, reaching C$13.44. The company had a trading volume of 529,321 shares, compared to its average volume of 630,289. Orla Mining Ltd. has a 52 week low of C$4.60 and a 52 week high of C$13.76. The stock's 50 day moving average is C$10.51 and its 200-day moving average is C$8.12. 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 stock has a market cap of C$3.05 billion, a price-to-earnings ratio of 287.27 and a beta of 1.57.
Analysts Set New Price Targets
Several analysts have recently weighed in on OLA shares. TD Securities raised Orla Mining to a "hold" rating in a report on Tuesday, February 4th. Cormark boosted their target price on Orla Mining from C$10.00 to C$12.00 in a report on Thursday, March 20th. Stifel Nicolaus set a C$15.50 price target on Orla Mining and gave the company a "buy" rating in a report on Wednesday, March 19th. BMO Capital Markets lifted their price objective on Orla Mining from C$12.50 to C$14.50 in a research report on Thursday, March 20th. Finally, Scotiabank raised their target price on Orla Mining from C$7.75 to C$8.75 in a research note on Wednesday, January 15th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of C$11.86.
View Our Latest 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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