Orla Mining Ltd. (TSE:OLA) Director Sells C$193,257.37 in Stock

Orla Mining Ltd. (TSE:OLA) Director Charles A. Jeannes sold 15,023 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of C$12.86, for a total value of C$193,257.37.

Orla Mining Trading Up 0.8 %

Shares of Orla Mining stock opened at C$13.03 on Wednesday. Orla Mining Ltd. has a 1 year low of C$4.60 and a 1 year high of C$13.76. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22. The business has a 50 day moving average price of C$10.22 and a 200 day moving average price of C$7.95. The company has a market capitalization of C$2.95 billion, a P/E ratio of 278.51 and a beta of 1.57.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Scotiabank boosted their target price on shares of Orla Mining from C$7.75 to C$8.75 in a research report on Wednesday, January 15th. Cormark boosted their price objective on shares of Orla Mining from C$10.00 to C$12.00 in a report on Thursday, March 20th. Desjardins increased their target price on shares of Orla Mining from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Wednesday, March 19th. Stifel Canada raised Orla Mining to a “strong-buy” rating in a research note on Wednesday, March 19th. Finally, Stifel Nicolaus set a C$15.50 price objective on Orla Mining and gave the company a “buy” rating in a research note on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Orla Mining currently has a consensus rating of “Buy” and a consensus target price of C$11.86.

About Orla Mining

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.