Timothy Quentin Haldane Sells 65,000 Shares of Orla Mining Ltd. (TSE:OLA) Stock

Orla Mining Ltd. (TSE:OLA) Director Timothy Quentin Haldane sold 65,000 shares of Orla Mining stock in a transaction that occurred on Tuesday, May 21st. The stock was sold at an average price of C$5.97, for a total value of C$387,972.00.

Timothy Quentin Haldane also recently made the following trade(s):

• On Wednesday, March 27th, Timothy Quentin Haldane sold 25,000 shares of Orla Mining stock. The stock was sold at an average price of C$4.97, for a total transaction of C$124,362.50.

Orla Mining Price Performance

OLA opened at C$5.79 on Thursday. The stock’s 50-day moving average price is C$5.33 and its 200 day moving average price is C$4.72. Orla Mining Ltd. has a 12-month low of C$3.53 and a 12-month high of C$6.52. The firm has a market cap of C$1.84 billion, a price-to-earnings ratio of -48.25 and a beta of 1.59. The company has a current ratio of 5.68, a quick ratio of 1.22 and a debt-to-equity ratio of 21.76.

Orla Mining (TSE:OLA) last posted its quarterly earnings data on Tuesday, March 19th. The company reported C$0.07 EPS for the quarter, beating the consensus estimate of C$0.05 by C$0.02. Orla Mining had a negative net margin of 9.11% and a negative return on equity of 5.47%. The business had revenue of C$85.70 million during the quarter. As a group, sell-side analysts expect that Orla Mining Ltd. will post 0.2189915 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on OLA shares. TD Securities dropped their price target on shares of Orla Mining from C$6.00 to C$5.50 and set a “hold” rating for the company in a research note on Wednesday, May 15th. Desjardins lifted their target price on Orla Mining from C$6.75 to C$7.00 and gave the company a “buy” rating in a research report on Wednesday, May 15th. Stifel Nicolaus increased their price target on Orla Mining from C$6.00 to C$6.25 and gave the stock a “buy” rating in a report on Wednesday, May 15th. Finally, Scotiabank boosted their price objective on shares of Orla Mining from C$6.75 to C$7.00 and gave the company a “buy” rating in a report on Wednesday, May 15th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of C$6.44.

Orla Mining Company Profile

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.