Orla Mining (TSE:OLA) Price Target Raised to C$32.00

Orla Mining (TSE:OLA) had its target price increased by Royal Bank Of Canada from C$26.00 to C$32.00 in a research note issued to investors on Wednesday morning,BayStreet.CA reports.

Separately, CIBC lifted their price objective on shares of Orla Mining from C$25.00 to C$27.00 in a research report on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of C$17.96.

Orla Mining Stock Down 0.3%

OLA stock opened at C$18.00 on Wednesday. The company has a current ratio of 4.54, a quick ratio of 1.22 and a debt-to-equity ratio of 12.68. Orla Mining has a twelve month low of C$7.59 and a twelve month high of C$19.96. The company’s 50 day moving average is C$16.54 and its two-hundred day moving average is C$15.36. The stock has a market cap of C$6.12 billion, a P/E ratio of 112.50 and a beta of 0.14.

Orla Mining (TSE:OLA) last issued its earnings results on Tuesday, November 11th. The company reported C$0.22 earnings per share (EPS) for the quarter. The business had revenue of C$382.88 million during the quarter. Orla Mining had a net margin of 3.15% and a return on equity of 2.24%. Research analysts expect that Orla Mining will post 0.3352878 earnings per share for the current fiscal year.

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.