Orla Mining (TSE:OLA - Free Report) had its target price hoisted by Cormark from C$10.00 to C$12.00 in a research note published on Thursday,BayStreet.CA reports.
OLA has been the topic of a number of other reports. Scotiabank boosted their target price on Orla Mining from C$7.75 to C$8.75 in a research report on Wednesday, January 15th. 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. Desjardins raised their target price on shares of Orla Mining from C$12.00 to C$13.00 and gave the company a "buy" rating in a report on Wednesday, March 19th. TD Securities upgraded shares of Orla Mining to a "hold" rating in a research report on Tuesday, February 4th. Finally, CIBC increased their price target 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. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned 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 target price of C$11.86.
Read Our Latest Research Report on Orla Mining
Orla Mining Price Performance
Shares of OLA stock traded up C$0.24 during midday trading on Thursday, reaching C$12.95. 313,741 shares of the company traded hands, compared to its average volume of 631,245. The firm's 50 day simple moving average is C$10.02 and its two-hundred day simple moving average is C$7.85. The firm has a market cap of C$2.93 billion, a PE ratio of 276.80 and a beta of 1.57. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22. Orla Mining has a 1-year low of C$4.60 and a 1-year high of C$13.76.
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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