Orla Mining Ltd. (TSE:OLA) Senior Officer Andrew James Bradbury Sells 12,500 Shares

Orla Mining Ltd. (TSE:OLA) Senior Officer Andrew James Bradbury sold 12,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of C$5.90, for a total value of C$73,750.00.

Orla Mining Trading Down 0.7 %

Shares of Orla Mining stock opened at C$5.60 on Wednesday. The company has a debt-to-equity ratio of 17.76, a quick ratio of 1.22 and a current ratio of 5.89. Orla Mining Ltd. has a 52 week low of C$3.53 and a 52 week high of C$6.05. The stock has a 50 day moving average price of C$5.41 and a two-hundred day moving average price of C$5.36. The stock has a market capitalization of C$1.79 billion, a PE ratio of -112.00 and a beta of 1.59.

Orla Mining (TSE:OLA) last posted its quarterly earnings results on Monday, August 12th. The company reported C$0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.10 by C($0.01). Orla Mining had a negative net margin of 4.12% and a negative return on equity of 2.50%. The business had revenue of C$115.71 million during the quarter. As a group, equities analysts anticipate that Orla Mining Ltd. will post 0.3050368 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Scotiabank downgraded shares of Orla Mining from an “outperform” rating to a “sector perform” rating and set a C$5.75 price objective for the company. in a research report on Thursday, May 23rd. CIBC increased their target price on shares of Orla Mining from C$7.25 to C$7.50 in a research note on Wednesday, July 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Orla Mining presently has a consensus rating of “Moderate Buy” and a consensus target price 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.