Orla Mining Ltd. (TSE:OLA – Get Free Report) has received an average rating of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is C$6.31.
Separately, CIBC boosted their target price on Orla Mining from C$7.25 to C$7.50 in a research note on Wednesday, July 10th.
Orla Mining Trading Down 2.1 %
Orla Mining (TSE:OLA – Get Free Report) last announced its quarterly earnings data on Monday, August 12th. The company reported C$0.09 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.10 by C($0.01). Orla Mining had a negative return on equity of 2.50% and a negative net margin of 4.12%. The business had revenue of C$115.71 million during the quarter. Analysts expect that Orla Mining will post 0.3022388 earnings per share for the current fiscal year.
Insider Buying and Selling at Orla Mining
In related news, Senior Officer Andrew James Bradbury sold 12,500 shares of the company’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of C$5.90, for a total transaction of C$73,750.00. In related news, Senior Officer Andrew James Bradbury sold 12,500 shares of the firm’s stock in a transaction 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. Also, Director Elizabeth Dianne Mcgregor sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of C$5.40, for a total value of C$107,960.00. In the last 90 days, insiders have sold 54,400 shares of company stock worth $309,908. Company insiders own 34.50% of the company’s stock.
Orla Mining Company Profile
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.
Featured Articles
- Five stocks we like better than Orla Mining
- 3 Fintech Stocks With Good 2021 Prospects
- The Average 401k Balance by Age Explained
- Canada Bond Market Holiday: How to Invest and Trade
- 3 Uranium Stocks To Gain as Microsoft Goes Nuclear to Power AI
- Why Invest in High-Yield Dividend Stocks?
- Biotech Boom Ahead? Key Stocks and ETFs to Watch Now
Receive News & Ratings for Orla Mining Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Orla Mining and related companies with MarketBeat.com's FREE daily email newsletter.