ORLA’s 5.09% Gain This Week Has Revealed Something We Didn’t Know Before

During the recent session, Orla Mining Ltd (AMEX:ORLA)’s traded shares were 0.53 million, with the beta value of the company hitting 1.20. At the last check today, the stock’s price was $9.29, reflecting an intraday loss of -0.21% or -$0.02. The 52-week high for the ORLA share is $9.62, that puts it down -3.55 from that peak though still a striking 65.12% gain since the share price plummeted to a 52-week low of $3.24. The company’s market capitalization is $3.00B, and the average intraday trading volume over the past 10 days was 1.94 million shares, and the average trade volume was 987.22K shares over the past three months.

Orla Mining Ltd (AMEX:ORLA) trade information

Orla Mining Ltd (ORLA) registered a -0.21% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.21% in intraday trading to $9.29, hitting a weekly high. The stock’s 5-day price performance is 5.09%, and it has moved by 32.52% in 30 days. Based on these gigs, the overall price performance for the year is 162.43%. The short interest in Orla Mining Ltd (AMEX:ORLA) is 4.93 million shares and it means that shorts have 4.53 day(s) to cover.

The consensus price target of analysts on Wall Street is $4.18, which implies a decrease of -122.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4.18 and $4.18 respectively. As a result, ORLA is trading at a premium of 55.01% off the target high and 55.01% off the low.

Orla Mining Ltd (ORLA) estimates and forecasts

In the rating firms’ projections, revenue will increase 122.65% compared to the previous financial year.

ORLA Dividends

Orla Mining Ltd is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Orla Mining Ltd (AMEX:ORLA)’s Major holders

Orla Mining Ltd insiders own 34.42% of total outstanding shares while institutional holders control 49.74%, with the float percentage being 75.84%. FAIRFAX FINANCIAL HOLDINGS LTD/ CAN is the largest shareholder of the company, while 170.0 institutions own stock in it. As of 2024-06-30, the company held over 55.66 million shares (or 17.5016% of all shares), a total value of $213.13 million in shares.

The next largest institutional holding, with 20.8 million shares, is of FMR LLC’s that is approximately 6.5398% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $79.81 million.

Also, the Mutual Funds coming in first place with the largest holdings of Orla Mining Ltd (ORLA) shares are First Eagle Funds-First Eagle Gold Fund and Fidelity Select Portfolios-Gold Portfolio. Data provided on Oct 31, 2024 indicates that First Eagle Funds-First Eagle Gold Fund owns about 7.84 shares. This amounts to just over 2.43 percent of the company’s overall shares, with a $72.18 million market value. The same data shows that the other fund manager holds slightly less at 6.37, or about 1.98% of the stock, which is worth about $58.66 million.