Orla Mining Ltd (ORLA) stock expected to loss -16.06% in the coming months

Orla Mining Ltd [ORLA] stock is trading at $4.98, up 1.22%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ORLA shares have gain 9.45% over the last week, with a monthly amount glided 20.58%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Orla Mining Ltd [AMEX: ORLA] stock has seen the most recent analyst activity on May 23, 2024, when Scotiabank downgraded its rating to a Sector Perform.

Orla Mining Ltd [ORLA] stock has fluctuated between $2.60 and $4.92 over the past year. Currently, Wall Street analysts expect the stock to reach $4.18 within the next 12 months. Orla Mining Ltd [AMEX: ORLA] shares were valued at $4.98 at the most recent close of the market. An investor can expect a potential drop of -16.06% based on the average ORLA price forecast.

Analyzing the ORLA fundamentals

Orla Mining Ltd [AMEX:ORLA] reported sales of 275.09M for the trailing twelve months, which represents a growth of 42.68%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.47%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.03 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.90 points at the first support level, and at 4.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.10, and for the 2nd resistance point, it is at 5.22.

Ratios To Look Out For

For context, Orla Mining Ltd’s Current Ratio is 5.89. In addition, the Quick Ratio stands at 5.02 and the Cash Ratio stands at 4.71. Considering the valuation of this stock, the price to sales ratio is 5.80, the price to book ratio is 3.49.

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