In the last trading session, 2.16 million shares of the Orla Mining Ltd (AMEX:ORLA) were traded, and its beta was 0.73. Most recently the company’s share price was $11.07, and it changed around $0.45 or 4.24% from the last close, which brings the market valuation of the company to $3.57B. ORLA currently trades at a discount to its 52-week high of $10.97, offering almost 0.9% off that amount. The share price’s 52-week low was $3.24, which indicates that the current value has risen by an impressive 70.73% since then. We note from Orla Mining Ltd’s average daily trading volume that its 10-day average is 1.78 million shares, with the 3-month average coming to 1.17 million.
Orla Mining Ltd (AMEX:ORLA) trade information
Instantly ORLA has showed a green trend with a performance of 4.24% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 11.10 on recent trading dayincreased the stock’s daily price by 0.27%. The company’s shares are currently up 99.82% year-to-date, but still up 34.51% over the last five days. On the other hand, Orla Mining Ltd (AMEX:ORLA) is 27.10% up in the 30-day period. We can see from the shorts that 5.17 million shares have been sold at a short interest cover period of 4.53 day(s).
The consensus price target as assigned by Wall Street analysts is $4.18, which translates to bulls needing to decrease their stock price by -164.83% from its current value. Analyst projections state that ORLA is forecast to be at a low of $4.18 and a high of $4.18.
ORLA Dividends
Orla Mining Ltd’s next quarterly earnings report is expected to be released in May.
Orla Mining Ltd (AMEX:ORLA)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 34.25% of Orla Mining Ltd shares, and 49.74% of them are in the hands of institutional investors. The stock currently has a share float of 75.64%. Orla Mining Ltd stock is held by 172.0 institutions, with FAIRFAX FINANCIAL HOLDINGS LTD/ CAN being the largest institutional investor. By 2024-06-30, it held 17.5016% of the shares, which is about 55.66 million shares worth $213.13 million.
FMR LLC, with 6.5398% or 20.8 million shares worth $79.81 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
First Eagle Funds-First Eagle Gold Fund and Fidelity Select Portfolios-Gold Portfolio were the top two Mutual Funds as of Jan 31, 2025 . The former held 7.84 shares worth $86.8 million, making up 2.43% of all outstanding shares. On the other hand, Fidelity Select Portfolios-Gold Portfolio held roughly 6.37 shares worth around $70.55 million, which represents about 1.98% of the total shares outstanding.
