Orla Mining Ltd. (TSE:OLA) Receives C$14.75 Average PT from Analysts

Shares of Orla Mining Ltd. (TSE:OLA) have been assigned a consensus rating of “Buy” from the six analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is C$14.75.

Several brokerages have recently weighed in on OLA. Royal Bank Of Canada lifted their price target on shares of Orla Mining from C$15.00 to C$18.00 in a research note on Wednesday, June 4th. Stifel Nicolaus lowered their target price on Orla Mining from C$19.00 to C$18.50 and set a “buy” rating on the stock in a research report on Wednesday, August 6th.

Insider Buying and Selling at Orla Mining

In other news, Senior Officer Etienne Morin sold 10,000 shares of Orla Mining stock in a transaction dated Friday, June 20th. The stock was sold at an average price of C$15.51, for a total transaction of C$155,064.00. 51.68% of the stock is currently owned by insiders.

Orla Mining Stock Performance

OLA opened at C$15.81 on Friday. The company has a current ratio of 4.54, a quick ratio of 1.22 and a debt-to-equity ratio of 12.68. The company has a market cap of C$5.15 billion, a price-to-earnings ratio of 225.86 and a beta of 0.07. The company’s 50 day moving average is C$14.79 and its 200 day moving average is C$14.15. Orla Mining has a 12-month low of C$5.26 and a 12-month high of C$17.78.

Orla Mining Company Profile

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.