Orla Mining (TSE:OLA) Price Target Raised to C$13.00

Orla Mining (TSE:OLA) had its price objective increased by Desjardins from C$12.00 to C$13.00 in a research note released on Wednesday morning,BayStreet.CA reports. They currently have a buy rating on the stock. Desjardins also issued estimates for Orla Mining’s FY2025 earnings at $0.43 EPS.

Other research analysts also recently issued reports about the company. TD Securities upgraded Orla Mining to a “hold” rating in a report on Tuesday, February 4th. Stifel Nicolaus upped their price target on shares of Orla Mining from C$8.00 to C$9.75 in a research report on Monday, December 2nd. Scotiabank upped their price target on shares of Orla Mining from C$7.75 to C$8.75 in a research report on Wednesday, January 15th. CIBC upped their price objective on shares of Orla Mining from C$11.00 to C$11.50 in a research report on Wednesday, February 26th. Finally, BMO Capital Markets upped their target price on shares of Orla Mining from C$8.00 to C$12.50 in a research note on Tuesday, March 4th. One 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. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of C$11.86.

Orla Mining Trading Down 4.6 %

Shares of Orla Mining stock opened at C$12.71 on Wednesday. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22. Orla Mining has a 1 year low of C$4.60 and a 1 year high of C$13.76. The company has a market capitalization of C$2.88 billion, a P/E ratio of 271.67 and a beta of 1.57. The business has a 50 day moving average price of C$10.02 and a 200 day moving average price of C$7.81.

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.