Orla Mining Ltd (AMEX:ORLA) does about 311.27K shares in volume on a normal day but saw 1236680 shares change hands in the recent trading day. The company now has a market cap of 1.65B USD. Its current market price is $5.15, marking an increase of 3.41% compared to the previous close of $4.98. The 52 week high reached by this stock is $5.14 whilst the lowest price level in 52 weeks is $2.60. The script in recent trading has seen the stock touch a high of $4.18 and a low of $4.18.
Orla Mining Ltd (ORLA) has a 20-day trading average at $4.39 and the current price is 0.19% off the 52-week high compared with 98.08% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.24 and its 200-day simple moving average is $3.88. If we look at the stock’s price movements over the week, volatility stands at 4.08%, which increases to 4.25% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 75.51 to suggest the stock is overbought.
2 analysts observing the Orla Mining Ltd (ORLA) stock have set the 12-month price targets for the company’s shares at between $4.18 and $4.18. The median price target is -23.21% away from the current levels at $4.18.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Buy.
Stifel resumed its price target at $7.25.
The current price level is 17.22%, 21.53%, and 32.85% away from its SMA20, SMA50, and SMA200 respectively, with the ORLA price moving below the 50-day SMA on current market day. Orla Mining Ltd (ORLA) stock is up 9.11% over the week and 24.70% over the past month. Its price is 58.46% year-to-date and 45.89% over the past year.
Its 12-month price target is $4.18. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $4.18, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $4.18.
Outstanding shares total 315.07M with insiders holding 51.68% of the shares and institutional holders owning 47.84% of the company’s common stock. The company has a return on investment of -2.11% and return on equity of -2.50%. The beta has a value of 1.45. Price to book ratio is 3.61 and price to sales ratio is 6.00.
