Orla Mining Ltd. (TSE:OLA) Director Sells C$267,549.24 in Stock

Orla Mining Ltd. (TSE:OLAGet Free Report) Director Jean Robitaille sold 46,600 shares of the company’s stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of C$5.74, for a total value of C$267,549.24.

Orla Mining Stock Performance

Orla Mining stock opened at C$5.34 on Friday. The firm has a market capitalization of C$1.71 billion, a P/E ratio of -106.80 and a beta of 1.59. The stock has a fifty day moving average price of C$5.42 and a two-hundred day moving average price of C$5.40. Orla Mining Ltd. has a 52-week low of C$3.53 and a 52-week high of C$6.05. The company has a debt-to-equity ratio of 17.76, a current ratio of 5.89 and a quick ratio of 1.22.

Orla Mining (TSE:OLAGet Free Report) last announced its earnings results on Monday, August 12th. The company reported C$0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.10 by C($0.01). The firm had revenue of C$115.71 million for the quarter. Orla Mining had a negative return on equity of 2.50% and a negative net margin of 4.12%. As a group, analysts anticipate that Orla Mining Ltd. will post 0.3022388 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, CIBC boosted their price target on shares of Orla Mining from C$7.25 to C$7.50 in a report on Wednesday, July 10th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$6.31.

Get Our Latest Stock Analysis on Orla Mining

About Orla Mining

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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.

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