Orla Mining (TSE:OLA - Free Report) had its price target raised by Scotiabank from C$7.75 to C$8.75 in a research report released on Wednesday morning,BayStreet.CA reports. Scotiabank also issued estimates for Orla Mining's FY2025 earnings at $0.53 EPS and FY2026 earnings at $0.73 EPS.
OLA has been the topic of several other reports. CIBC upped their price target on shares of Orla Mining from C$8.50 to C$9.25 in a research note on Tuesday, December 17th. Desjardins upgraded Orla Mining to a "moderate buy" rating in a research note on Thursday, October 31st. Finally, Stifel Nicolaus upped their target price on Orla Mining from C$8.00 to C$9.75 in a research report on Monday, December 2nd.
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Orla Mining Stock Performance
TSE:OLA traded up C$0.23 during mid-day trading on Wednesday, hitting C$8.38. 321,662 shares of the stock were exchanged, compared to its average volume of 512,233. The firm's 50-day simple moving average is C$7.29 and its 200 day simple moving average is C$6.24. The stock has a market capitalization of C$2.68 billion, a price-to-earnings ratio of -167.60 and a beta of 1.57. Orla Mining has a fifty-two week low of C$4.07 and a fifty-two week high of C$8.67. The company has a debt-to-equity ratio of 17.76, a quick ratio of 1.22 and a current ratio of 5.89.
Orla Mining Company Profile
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Orla Mining Ltd. acquires, explores, develops, and exploits 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; Cerro Quema project totaling an area of 15,000 hectares located in the Azuero Peninsula, Panama; and the South Railroad project consisting of an area of 21,000 hectares located in Elko, Nevada.
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