Orla Mining Ltd (AMEX:ORLA) traded at $9.16 at close of the session on Friday, March 28 and made a downward move of -1.61% on its previous day’s price.
Looking at the stock we see that its previous close was $9.31 and the beta (5Y monthly) reads 1.448 with the day’s price range being $9.125 – $9.56. The company has a trailing 12-month PE ratio of 33.86. In terms of its 52-week price range, ORLA has a high of $9.62 and a low of $3.24. The company’s stock has gained about 30.67% over that past 30 days.
Orla Mining Ltd has a market cap of $2.95 billion and is expected to release its quarterly earnings report in April.
According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 765.7M, or 122.65% up from figures reported last year.
On the other hand, looking at the outlook for the ORLA stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 2 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Orla Mining Ltd (ORLA) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 9.56% off its SMA20 and 25.51% from its 50-day simple moving average. The RSI (14) is pointing at 66.11 while the volatility over the past week is 3.73% and jumps to 5.87% over the past one month. The beta value is 1.20, while the average true range (ATR) is currently pointing at 0.44. The average price target for the stock over the next 12 months is $4.18, with the estimates having a low of $4.18 and a high of $4.18. These price ends are 54.37% and 54.37% off the current price level respectively, although investors could be excited at the prospect of a 54.37% if the ORLA share price touches on the median price of $4.18.
Coming back to Orla Mining Ltd (AMEX:ORLA), we note that the average 3-month trading volume was 987.22K, while that of the preceding 10-day period stands at 1.87 million. Current shares outstanding are 321.68 million.
The insiders hold 35.25% of the company’s shares while institutions hold 48.47%. The data shows that short shares as of 2025-03-14, stood at 4.93 million at a short ratio of 4.53. Shares short rose in March from the previous month at 4.08 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 65.34% up in year-to-date price movement.
