Orla Mining Ltd. (TSE:OLA) Director Timothy Quentin Haldane Sells 1,900 Shares

Orla Mining Ltd. (TSE:OLA) Director Timothy Quentin Haldane sold 1,900 shares of Orla Mining stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of C$5.80, for a total transaction of C$11,020.00.

Orla Mining Stock Performance

TSE:OLA traded up C$0.09 on Wednesday, hitting C$5.92. The stock had a trading volume of 118,528 shares, compared to its average volume of 511,917. Orla Mining Ltd. has a 52-week low of C$3.53 and a 52-week high of C$6.52. The stock has a market cap of C$1.89 billion, a price-to-earnings ratio of -116.60 and a beta of 1.59. The company has a quick ratio of 1.22, a current ratio of 5.89 and a debt-to-equity ratio of 17.76. The business’s 50-day simple moving average is C$5.28 and its two-hundred day simple moving average is C$5.23.

Analyst Ratings Changes

Several research firms have commented on OLA. CIBC boosted their target price on Orla Mining from C$7.25 to C$7.50 in a report on Wednesday, July 10th. TD Securities decreased their target price on shares of Orla Mining from C$6.00 to C$5.50 and set a “hold” rating for the company in a report on Wednesday, May 15th. Scotiabank downgraded shares of Orla Mining from an “outperform” rating to a “sector perform” rating and set a C$5.75 price target for the company. in a research report on Thursday, May 23rd. Stifel Nicolaus increased their target price on Orla Mining from C$6.00 to C$6.25 and gave the company a “buy” rating in a research note on Wednesday, May 15th. Finally, Desjardins boosted their price target on Orla Mining from C$6.75 to C$7.00 and gave the stock a “buy” rating in a research note on Wednesday, May 15th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Orla Mining has an average rating of “Moderate Buy” and a consensus price target of C$6.31.

About Orla Mining

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.