Orla Mining Ltd. (TSE:OLA) Senior Officer John Andrew Cormier Sells 5,531 Shares

Orla Mining Ltd. (TSE:OLA) Senior Officer John Andrew Cormier sold 5,531 shares of the business’s stock in a transaction dated Wednesday, March 27th. The stock was sold at an average price of C$5.05, for a total transaction of C$27,931.55.

Orla Mining Price Performance

OLA opened at C$5.13 on Friday. The company has a market capitalization of C$1.62 billion, a price-to-earnings ratio of -42.75 and a beta of 1.56. The company has a quick ratio of 1.22, a current ratio of 5.07 and a debt-to-equity ratio of 22.78. The firm has a 50-day moving average price of C$4.75 and a 200-day moving average price of C$4.57. Orla Mining Ltd. has a twelve month low of C$3.53 and a twelve month high of C$6.71.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Stifel Nicolaus lowered their price objective on shares of Orla Mining from C$6.50 to C$5.25 and set a “buy” rating on the stock in a research note on Thursday, December 21st. TD Securities lowered shares of Orla Mining from a “buy” rating to a “hold” rating and decreased their price target for the company from C$5.50 to C$4.50 in a research note on Monday, December 11th. BMO Capital Markets decreased their price target on shares of Orla Mining from C$8.00 to C$7.50 and set an “outperform” rating on the stock in a research note on Tuesday, December 19th. Desjardins decreased their price target on shares of Orla Mining from C$7.25 to C$6.50 and set a “buy” rating on the stock in a research note on Wednesday, January 17th. Finally, Royal Bank of Canada set a C$6.00 price target on shares of Orla Mining and gave the company an “outperform” rating in a research note on Friday, December 15th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$6.09.

About Orla Mining

Orla Mining Ltd. acquires, explores, operates, and develops 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; and Cerro Quema project totaling an area of 14,893 hectares located in the Azuero Peninsula, Panama.