Paul Schmidt Sells 50,000 Shares of Orla Mining Ltd. (TSE:OLA) Stock

Orla Mining Ltd. (TSE:OLA) Senior Officer Paul Schmidt sold 50,000 shares of the firm’s stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of C$13.19, for a total value of C$659,660.00.

Orla Mining Price Performance

Shares of TSE:OLA opened at C$13.10 on Friday. Orla Mining Ltd. has a one year low of C$4.60 and a one year high of C$13.76. The stock has a market cap of C$2.97 billion, a PE ratio of 280.00 and a beta of 1.57. The business’s fifty day moving average price is C$10.51 and its two-hundred day moving average price is C$8.08. The company has a debt-to-equity ratio of 12.68, a quick ratio of 1.22 and a current ratio of 4.54.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on OLA shares. Desjardins increased their price target on shares of Orla Mining from C$12.00 to C$13.00 and gave the company a “buy” rating in a report on Wednesday, March 19th. Stifel Canada upgraded shares of Orla Mining to a “strong-buy” rating in a research report on Wednesday, March 19th. TD Securities upgraded Orla Mining to a “hold” rating in a report on Tuesday, February 4th. Stifel Nicolaus set a C$15.50 price objective on Orla Mining and gave the stock a “buy” rating in a report on Wednesday, March 19th. Finally, BMO Capital Markets upped their target price on Orla Mining from C$12.50 to C$14.50 in a report on Thursday, March 20th. One research 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. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$11.86.

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.