Orla Mining Ltd. (CVE:OLA – Get Rating) Director David Andrew Stephens sold 117,450 shares of the business’s stock in a transaction dated Wednesday, November 16th. The shares were sold at an average price of C$4.53, for a total transaction of C$532,330.38. Following the completion of the sale, the director now directly owns -104,950 shares of the company’s stock, valued at C($475,675.38).
Orla Mining Price Performance
Shares of OLA opened at C$1.40 on Monday. The company has a 50 day moving average price of C$1.40 and a 200-day moving average price of C$1.40. Orla Mining Ltd. has a fifty-two week low of C$1.08 and a fifty-two week high of C$1.85. The stock has a market capitalization of C$250.90 million and a PE ratio of -22.95. The company has a debt-to-equity ratio of 1.29, a quick ratio of 13.00 and a current ratio of 13.32.
Wall Street Analyst Weigh In
Separately, Cormark upped their price target on shares of Orla Mining from C$5.50 to C$6.25 in a research report on Wednesday, August 10th.
About Orla Mining
Orla Mining Ltd. operates as a mineral exploration company. The company explores for gold, silver, and copper deposits. It holds 100% interests in the Cerro Quema project with three concessions that cover an area of 14,833 hectares located on the Azuero Peninsula. The company was formerly known as Red Mile Minerals Corp.
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