Orla Mining Ltd (ORLA): Uncovering A True Diamond In The Rough

Orla Mining Ltd (AMEX:ORLA) currently has a daily average trading volume of 483.13K but it saw 1206319 shares traded in last market. With a market cap of 1.32B USD, the company’s current market price of $4.17 came rising about 8.31 while comparing to the previous closing price of $3.85. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.82 and as low as $2.60.

Taking a look at 20-day trading activity of Orla Mining Ltd (ORLA) gives us an average price of $3.96, while its current price level is -13.49% below from 52-week high level whereas it is 60.38% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.85 while that of 200 days or SMA-200 reads an average of $3.64. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.45% during that period while stretching the period over a month that decreases to 3.43%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.81 which implies that the stock is in neutral territory.

Over the week, ORLA’s stock price is moving 6.65% up while it is 5.84% when we observe its performance for the past one month. Year-to-date it is 28.31% up and over the past year, the stock is showing a downside performance of -12.03%.

Currently, Orla Mining Ltd’s total number of outstanding shares is 315.07M. Company’s return on investment (ROI) stands at -4.48% and return on equity (ROE) at -5.47%. Stock’s beta reads 1.41. Stock has a price to book (P/B) ratio of 3.14 while price to sale or P/S ratio amounts to 5.30. Its return on asset (ROA) is -3.94% on average.