Orla Mining Ltd. (TSE:OLA) Receives C$14.75 Average PT from Analysts

Shares of Orla Mining Ltd. (TSE:OLA) have earned a consensus rating of “Buy” from the six analysts that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is C$14.75.

Separately, Stifel Nicolaus dropped their target price on Orla Mining from C$19.00 to C$18.50 and set a “buy” rating on the stock in a report on Wednesday, August 6th.

Orla Mining Stock Down 5.8%

Orla Mining stock opened at C$15.18 on Tuesday. The firm has a market cap of C$4.95 billion, a price-to-earnings ratio of 216.86 and a beta of 0.02. Orla Mining has a 52 week low of C$5.36 and a 52 week high of C$17.78. The business’s 50-day moving average price is C$14.82 and its 200 day moving average price is C$14.52. The company has a quick ratio of 1.22, a current ratio of 4.54 and a debt-to-equity ratio of 12.68.

Orla Mining Company Profile

Orla Mining Ltd is a mineral exploration company. It is engaged in the acquisition and exploration of mineral properties. The company holds two gold projects; the Camino Rojo gold and silver project in Zacatecas State, Mexico, and the Cerro Quema gold project in Panama. It conducts business activities in the geographic areas of Mexico, Panama, the United States, and Canada.