In the last trading session, 1.78 million Orla Mining Ltd (AMEX:ORLA) shares changed hands as the company’s beta touched 1.19. With the company’s per share price at $9.12 changed hands at -$0.12 or -1.30% during last session, the market valuation stood at $2.93B. ORLA’s last price was a discount, traded about -5.48% off its 52-week high of $9.62. The share price had its 52-week low at $3.24, which suggests the last value was 64.47% up since then. When we look at Orla Mining Ltd’s average trading volume, we note the 10-day average is 1.45 million shares, with the 3-month average coming to 835.18K.
Analysts gave the Orla Mining Ltd (ORLA) stock a consensus recommendation rating of Buy. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended ORLA as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Orla Mining Ltd’s EPS for the current quarter is expected to be 0.
Orla Mining Ltd (AMEX:ORLA) trade information
Instantly ORLA was in red as seen at the end of in last trading. With action 16.92%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 64.62%, with the 5-day performance at 16.92% in the green. However, in the 30-day time frame, Orla Mining Ltd (AMEX:ORLA) is 31.03% up. Looking at the short shares, we see there were 4.08 million shares sold at short interest cover period of 5.32 days.
The consensus price target for the stock as assigned by Wall Street analysts is 4.18, meaning bulls need a downside of -118.18% from its current market value. According to analyst projections, ORLA’s forecast low is 4.18 with 4.18 as the target high. To hit the forecast high, the stock’s price needs a 54.17% surge from its current level, while the stock would need to tank 54.17% for it to hit the projected low.
Orla Mining Ltd (ORLA) estimates and forecasts
Year-over-year growth is forecast to reach 220.44% up from the last financial year.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 7.87%.
ORLA Dividends
Orla Mining Ltd is expected to release its next quarterly earnings report in April.
Orla Mining Ltd (AMEX:ORLA)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 34.40% of Orla Mining Ltd shares while 49.74% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 75.82%. There are 49.74% institutions holding the Orla Mining Ltd stock share, with FAIRFAX FINANCIAL HOLDINGS LTD/ CAN the top institutional holder. As of 2024-06-30, the company held 17.5016% of the shares, roughly 55.66 million ORLA shares worth $213.13 million.
FMR LLC holds the second largest percentage of outstanding shares, with 6.6% or 20.8 million shares worth $79.81 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were First Eagle Gold Fund and Fidelity Select Portfolios – Gold . With 7.84 shares estimated at $71.51 million under it, the former controlled 2.43% of total outstanding shares. On the other hand, Fidelity Select Portfolios – Gold held about 2.01% of the shares, roughly 6.48 shares worth around $59.14 million.
