Orla Mining Ltd. (TSE:OLA – Get Free Report) insider Paul Schmidt purchased 1,195 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were purchased at an average price of C$16.88 per share, with a total value of C$20,171.60. Following the acquisition, the insider directly owned 19,296 shares in the company, valued at approximately C$325,716.48. The trade was a 6.60% increase in their ownership of the stock.
Orla Mining Price Performance
Shares of TSE OLA opened at C$16.91 on Friday. The company has a debt-to-equity ratio of 42.47, a current ratio of 1.06 and a quick ratio of 1.22. The company has a market capitalization of C$5.85 billion, a P/E ratio of 23.49 and a beta of 1.36. The company has a 50 day simple moving average of C$20.88 and a 200-day simple moving average of C$20.71. Orla Mining Ltd. has a 1 year low of C$12.67 and a 1 year high of C$29.99.
Orla Mining (TSE:OLA – Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported C$0.54 earnings per share for the quarter. The firm had revenue of C$526.76 million during the quarter. Orla Mining had a net margin of 19.60% and a return on equity of 41.46%. On average, equities research analysts predict that Orla Mining Ltd. will post 0.3352878 earnings per share for the current year.
Orla Mining Announces Dividend
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Desjardins set a C$35.00 price objective on shares of Orla Mining and gave the stock a “buy” rating in a research report on Thursday, April 23rd. ATB Cormark Capital Markets raised shares of Orla Mining from a “hold” rating to a “moderate buy” rating and increased their price objective for the stock from C$25.00 to C$35.00 in a research report on Monday, February 23rd. Stifel Nicolaus increased their price objective on shares of Orla Mining from C$28.00 to C$35.00 in a research report on Tuesday, February 10th. Canadian Imperial Bank of Commerce increased their price objective on shares of Orla Mining from C$27.00 to C$32.00 in a research report on Wednesday, February 4th. Finally, TD Securities raised shares of Orla Mining from a “hold” rating to a “strong-buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to data from MarketBeat, Orla Mining has a consensus rating of “Buy” and an average target price of C$31.06.
Check Out Our Latest Research Report on Orla Mining
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.
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