Orla Mining Ltd. (TSE:OLA) Director Charles A. Jeannes Sells 15,023 Shares

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

Orla Mining Stock Up 0.8 %

Orla Mining stock opened at C$13.03 on Wednesday. The stock has a 50 day moving average of C$10.22 and a two-hundred day moving average of C$7.95. Orla Mining Ltd. has a twelve month low of C$4.60 and a twelve month high of C$13.76. The stock has a market capitalization of C$2.95 billion, a price-to-earnings ratio of 278.51 and a beta of 1.57. The company has a current ratio of 4.54, a quick ratio of 1.22 and a debt-to-equity ratio of 12.68.

Analyst Upgrades and Downgrades

OLA has been the subject of a number of recent analyst reports. Stifel Canada raised Orla Mining to a “strong-buy” rating in a report on Wednesday, March 19th. TD Securities upgraded shares of Orla Mining to a “hold” rating in a research note on Tuesday, February 4th. Scotiabank boosted their price objective on shares of Orla Mining from C$7.75 to C$8.75 in a research report on Wednesday, January 15th. CIBC upped their target price on shares of Orla Mining from C$11.50 to C$13.75 and gave the company an “outperform” rating in a report on Wednesday, March 19th. Finally, Desjardins boosted their price target on shares of Orla Mining from C$12.00 to C$13.00 and gave the company a “buy” rating in a research report on Wednesday, March 19th. One investment 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$11.86.

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.