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

Posted by Elija Maina on Sep 16th, 2024

Orla Mining Ltd. (TSE:OLA – Get Free Report) Senior Officer Andrew James Bradbury sold 12,500 shares of the business’s stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of C$5.90, for a total transaction of C$73,750.00.

Orla Mining Trading Down 2.0 %

Shares of OLA stock opened at C$5.74 on Monday. Orla Mining Ltd. has a 12-month low of C$3.53 and a 12-month high of C$6.14. The firm has a 50 day moving average price of C$5.39 and a two-hundred day moving average price of C$5.35. The company has a quick ratio of 1.22, a current ratio of 5.89 and a debt-to-equity ratio of 17.76. The company has a market capitalization of C$1.84 billion, a PE ratio of -114.80 and a beta of 1.59.

Orla Mining (TSE:OLA – Get Free Report) last released its quarterly earnings results on Monday, August 12th. The company reported C$0.09 earnings per share for the quarter, missing the consensus estimate 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 predict that Orla Mining Ltd. will post 0.3050368 earnings per share for the current year.

Wall Street Analyst Weigh In

OLA has been the subject of a number of research analyst reports. CIBC lifted their price target on Orla Mining from C$7.25 to C$7.50 in a report on Wednesday, July 10th. Scotiabank downgraded Orla Mining from an “outperform” rating to a “sector perform” rating and set a C$5.75 target price for the company. in a research note on Thursday, May 23rd. 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$6.31.

View Our Latest Stock Analysis on Orla Mining

Orla Mining Company Profile

(Get Free Report)

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.