Orla Mining Ltd (AMEX: ORLA) Recovers 124.68% From 52-Week Low, Is ORLA Still A High-Risk, High-Reward Play?

Orla Mining Ltd (AMEX:ORLA) currently has a daily average trading volume of 672.27K but it saw 783340 shares traded in last market. With a market cap of 2.28B USD, the company’s current market price of $7.10 came falling about -1.66 while comparing to the previous closing price of $7.22. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.62 and as low as $3.16.

Taking a look at 20-day trading activity of Orla Mining Ltd (ORLA) gives us an average price of $6.56, while its current price level is -6.82% below from 52-week high level whereas it is 124.68% 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 $5.98 while that of 200 days or SMA-200 reads an average of $4.62. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.24% during that period while stretching the period over a month that decreases to 4.22%. 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 64.95 which implies that the stock is in neutral territory.

Over the week, ORLA’s stock price is moving 4.41% up while it is 23.26% when we observe its performance for the past one month. Year-to-date it is 28.16% up and over the past year, the stock is showing an upside performance of 102.28%.

The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. Moreover, analysts are in estimates of $95.04M for current-quarter revenue.

Currently, Orla Mining Ltd’s total number of outstanding shares is 320.87M with 34.41% of that held by the insiders while 49.44% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.82% and return on equity (ROE) at 0.95%. It has a price to earnings ratio (P/E ratio) of 1972.22. Stock’s beta reads 1.38. Stock has a price to book (P/B) ratio of 4.74 while price to sale or P/S ratio amounts to 7.27. Its return on asset (ROA) is 0.70% on average.