National Bankshares Analysts Give Orla Mining (TSE:OLA) a C$27.00 Price Target

National Bankshares set a C$27.00 target price on Orla Mining (TSE:OLA) in a research report report published on Tuesday morning,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other research analysts also recently issued reports on the company. CIBC upped their price target on Orla Mining from C$25.00 to C$27.00 in a report on Monday, October 20th. Royal Bank Of Canada boosted their target price on Orla Mining from C$26.00 to C$32.00 in a research report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$20.57.

Orla Mining Price Performance

Shares of OLA opened at C$20.36 on Tuesday. Orla Mining has a twelve month low of C$7.97 and a twelve month high of C$21.50. The company has a market capitalization of C$6.92 billion, a P/E ratio of 127.25 and a beta of 0.29. The firm has a 50 day moving average of C$18.43 and a 200 day moving average of C$16.14. 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 (TSE:OLA) last released its quarterly earnings data on Tuesday, November 11th. The company reported C$0.22 earnings per share (EPS) for the quarter. Orla Mining had a return on equity of 2.24% and a net margin of 3.15%.The business had revenue of C$382.88 million for the quarter. As a group, equities research analysts anticipate that Orla Mining will post 0.3352878 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Orla Mining news, insider Paul Mann sold 15,864 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of C$18.40, for a total value of C$291,897.60. Following the transaction, the insider directly owned 205,647 shares of the company’s stock, valued at approximately C$3,783,904.80. This trade represents a 7.16% decrease in their ownership of the stock. Also, insider John Andrew Cormier sold 30,000 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of C$17.61, for a total value of C$528,300.00. Insiders sold 77,828 shares of company stock valued at $1,376,992 over the last 90 days. Company insiders own 51.68% of the company’s stock.

About Orla Mining

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.