Orla Mining (TSE:OLA) Reaches New 52-Week High - What's Next?

Orla Mining Ltd. (TSE:OLA - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$20.05 and last traded at C$19.68, with a volume of 153895 shares changing hands. The stock had previously closed at C$18.83.Analysts Set New Price TargetsSeveral equities analysts have recently commented on the stock. CIBC boosted their target price on shares of Orla Mining from C$25.00 to C$27.00 in a report on Monday, October 20th. Royal Bank Of Canada boosted their price target on shares of Orla Mining from C$26.00 to C$32.00 in a research note on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of C$17.96.Get Our Latest Report on OLAOrla Mining Stock PerformanceThe business's fifty day moving average is C$16.70 and its two-hundred day moving average is C$15.46. The stock has a market capitalization of C$6.66 billion, a PE ratio of 122.44 and a beta of 0.14. The company has a quick ratio of 1.22, a current ratio of 4.54 and a debt-to-equity ratio of 12.68. Orla Mining (TSE:OLA - Get Free Report) last released its quarterly earnings results on Tuesday, November 11th. The company reported C$0.22 earnings per share (EPS) for the quarter. Orla Mining had a net margin of 3.15% and a return on equity of 2.24%. The company had revenue of C$382.88 million for the quarter. As a group, research analysts anticipate that Orla Mining Ltd. will post 0.3352878 EPS for the current fiscal year. Orla Mining Company Profile (Get Free Report)Orla Mining Ltd is a mineral exploration company. It is engaged in the acquisition and exploration of mineral properties. The company holds two gold projects; the Camino Rojo gold and silver project in Zacatecas State, Mexico, and the Cerro Quema gold project in Panama. It conducts business activities in the geographic areas of Mexico, Panama, the United States, and Canada.Further ReadingFive stocks we like better than Orla Mining3 Warren Buffett Stocks to Buy Now3 Cheap Dividend Stocks That Can Beat Inflation and Pay You to WaitHow to Know Which Cryptocurrency to Buy: A Guide for Investors3 New Year’s Resolution Stocks That Could Turn Around in 2026How to Invest in Biotech StocksCannabis Stocks Up for Reversal: Pipedreams or Opportunity?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Orla Mining Right Now?Before you consider Orla Mining, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Orla Mining wasn't on the list.While Orla Mining currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here