Orla Mining Ltd. (TSE:OLA - Get Free Report) Senior Officer Etienne Morin sold 20,000 shares of the stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of C$5.86, for a total transaction of C$117,178.00.
Orla Mining Stock Performance
OLA opened at C$5.90 on Monday. The company has a market capitalization of C$1.89 billion, a price-to-earnings ratio of -118.00 and a beta of 1.59. The business's 50-day moving average price is C$5.30 and its two-hundred day moving average price is C$5.25. Orla Mining Ltd. has a 1 year low of C$3.53 and a 1 year high of C$6.52. The company has a debt-to-equity ratio of 17.76, a current ratio of 5.89 and a quick ratio of 1.22.
Analyst Upgrades and Downgrades
A number of research firms recently commented on OLA. CIBC upped their price objective on shares of Orla Mining from C$7.25 to C$7.50 in a research report on Wednesday, July 10th. Desjardins increased their price target on Orla Mining from C$6.75 to C$7.00 and gave the stock a "buy" rating in a report on Wednesday, May 15th. TD Securities dropped their price target on Orla Mining from C$6.00 to C$5.50 and set a "hold" rating on the stock in a research report on Wednesday, May 15th. Scotiabank lowered Orla Mining from an "outperform" rating to a "sector perform" rating and set a C$5.75 price objective for the company. in a research report on Thursday, May 23rd. Finally, Stifel Nicolaus raised their target price on shares of Orla Mining from C$6.00 to C$6.25 and gave the stock a "buy" rating in a report on Wednesday, May 15th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of C$6.31.
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About Orla Mining
(
Get Free Report)
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.
Further Reading
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