Orla Mining (OLA) Set to Announce Earnings on Tuesday

Orla Mining (TSE:OLAGet Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, March 19th. Analysts expect the company to announce earnings of C$0.04 per share for the quarter.

Orla Mining Price Performance

Shares of TSE OLA opened at C$5.08 on Monday. The company has a debt-to-equity ratio of 30.49, a current ratio of 2.91 and a quick ratio of 1.22. Orla Mining has a fifty-two week low of C$3.53 and a fifty-two week high of C$6.90. The stock has a market capitalization of C$1.60 billion, a PE ratio of 23.09 and a beta of 1.56. The business has a fifty day moving average price of C$4.64 and a two-hundred day moving average price of C$4.63.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on OLA. Royal Bank of Canada set a C$6.00 price target on shares of Orla Mining and gave the stock an “outperform” rating in a report on Friday, December 15th. TD Securities downgraded Orla Mining from a “buy” rating to a “hold” rating and cut their target price for the company from C$5.50 to C$4.50 in a research report on Monday, December 11th. Desjardins reduced their price objective on shares of Orla Mining from C$7.25 to C$6.50 and set a “buy” rating for the company in a research note on Wednesday, January 17th. BMO Capital Markets reduced their price target on Orla Mining from C$8.00 to C$7.50 and set an “outperform” rating for the company in a report on Tuesday, December 19th. Finally, Stifel Nicolaus decreased their price target on shares of Orla Mining from C$6.50 to C$5.25 and set a “buy” rating for the company in a research report on Thursday, December 21st. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Orla Mining has a consensus rating of “Moderate Buy” and a consensus price target of C$6.09.

Check Out Our Latest Research Report on Orla Mining

Insider Buying and Selling

In other news, Senior Officer John Andrew Cormier sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 27th. The stock was sold at an average price of C$4.50, for a total transaction of C$45,001.00. Company insiders own 35.11% of the company’s stock.

About Orla Mining

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Orla Mining Ltd. acquires, explores, operates, and develops 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; and Cerro Quema project totaling an area of 14,893 hectares located in the Azuero Peninsula, Panama.

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Earnings History for Orla Mining (TSE:OLA)

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