Orla Mining Ltd. (CVE:OLA) Senior Officer Etienne Morin Sells 120,000 Shares

Orla Mining Ltd. (CVE:OLAGet Rating) Senior Officer Etienne Morin sold 120,000 shares of Orla Mining stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of C$4.95, for a total transaction of C$593,892.00. Following the completion of the sale, the insider now owns 104,275 shares of the company’s stock, valued at approximately C$516,067.40.

Orla Mining Price Performance

Shares of CVE:OLA traded up C$1.40 during midday trading on Thursday, hitting C$1.40. The stock had a trading volume of 61,016 shares, compared to its average volume of 113,555. The company’s 50-day moving average price is C$1.40 and its 200-day moving average price is C$1.40. The company has a market capitalization of C$250.90 million and a P/E ratio of -22.95. The company has a quick ratio of 13.00, a current ratio of 13.32 and a debt-to-equity ratio of 1.29. Orla Mining Ltd. has a fifty-two week low of C$1.08 and a fifty-two week high of C$1.85.

Wall Street Analyst Weigh In

Separately, Cormark lifted their price objective on shares of Orla Mining from C$5.50 to C$6.25 in a research note on Wednesday, August 10th.

About Orla Mining

(Get Rating)

Orla Mining Ltd. operates as a mineral exploration company. The company explores for gold, silver, and copper deposits. It holds 100% interests in the Cerro Quema project with three concessions that cover an area of 14,833 hectares located on the Azuero Peninsula. The company was formerly known as Red Mile Minerals Corp.

See Also

Insider Buying and Selling by Quarter for Orla Mining (CVE:OLA)

Receive News & Ratings for Orla Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orla Mining and related companies with MarketBeat.com's FREE daily email newsletter.