Timothy Quentin Haldane Sells 17,962 Shares of Orla Mining Ltd. (TSE:OLA) Stock

Orla Mining Ltd. (TSE:OLA) Director Timothy Quentin Haldane sold 17,962 shares of Orla Mining stock in a transaction on Monday, June 9th. The stock was sold at an average price of C$15.06, for a total value of C$270,527.48.

Orla Mining Stock Performance

TSE:OLA opened at C$14.86 on Friday. The stock has a 50-day simple moving average of C$14.53 and a two-hundred day simple moving average of C$11.29. Orla Mining Ltd. has a 52-week low of C$4.60 and a 52-week high of C$16.98. The firm has a market capitalization of C$3.37 billion, a PE ratio of 317.62 and a beta of 1.57. The company has a debt-to-equity ratio of 12.68, a quick ratio of 1.22 and a current ratio of 4.54.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. CIBC lifted their price objective on Orla Mining from C$16.25 to C$18.50 in a report on Thursday, April 17th. Stifel Nicolaus boosted their price target on Orla Mining from C$15.50 to C$19.00 in a report on Monday, April 21st. BMO Capital Markets boosted their price target on Orla Mining from C$12.50 to C$14.50 in a report on Thursday, March 20th. Cormark boosted their price target on Orla Mining from C$10.00 to C$12.00 in a report on Thursday, March 20th. Finally, Desjardins boosted their price target on Orla Mining from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Wednesday, March 19th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Orla Mining currently has a consensus rating of “Buy” and a consensus target price of C$14.82.

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.