Orla Mining Ltd. (TSE:OLA - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as C$8.97 and last traded at C$8.97, with a volume of 623504 shares traded. The stock had previously closed at C$8.69.
Analyst Ratings Changes
Several brokerages have recently commented on OLA. Desjardins upgraded Orla Mining to a "moderate buy" rating in a research note on Thursday, October 31st. CIBC increased their price objective on shares of Orla Mining from C$8.50 to C$9.25 in a report on Tuesday, December 17th. Scotiabank lifted their target price on shares of Orla Mining from C$7.75 to C$8.75 in a research note on Wednesday, January 15th. Finally, Stifel Nicolaus raised their target price on Orla Mining from C$8.00 to C$9.75 in a report on Monday, December 2nd.
Read Our Latest Analysis on Orla Mining
Orla Mining Stock Performance
The company has a debt-to-equity ratio of 17.76, a quick ratio of 1.22 and a current ratio of 5.89. The stock has a fifty day simple moving average of C$7.91 and a two-hundred day simple moving average of C$6.53. The stock has a market capitalization of C$2.89 billion, a price-to-earnings ratio of -181.00 and a beta of 1.57.
Orla Mining (TSE:OLA - Get Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The company reported C$0.08 EPS for the quarter, missing analysts' consensus estimates of C$0.13 by C($0.05). Orla Mining had a negative return on equity of 2.50% and a negative net margin of 4.12%. During the same period in the prior year, the business earned $0.03 EPS. Analysts forecast that Orla Mining Ltd. will post 0.3352878 earnings per share for the current fiscal year.
About Orla Mining
(
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.
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