A share price of Orla Mining Ltd [ORLA] is currently trading at $7.22, up 1.83%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ORLA shares have gain 17.02% over the last week, with a monthly amount glided 27.11%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Scotiabank downgraded its rating to Sector Perform on May 23, 2024. On December 15, 2023, RBC Capital Mkts initiated with a Outperform rating.
Orla Mining Ltd experienced fluctuations in its stock price throughout the past year between $3.16 and $7.14. 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 $7.22 at the most recent close of the market. An investor can expect a potential drop of -42.11% based on the average ORLA price forecast.
Analyzing the ORLA fundamentals
Trailing Twelve Months sales for Orla Mining Ltd [AMEX:ORLA] were 314.10M which represents 64.70% growth. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at 0.54%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.02 and Total Capital is 0.32. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
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 7.14 points at the first support level, and at 7.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.28, and for the 2nd resistance point, it is at 7.35.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Orla Mining Ltd [AMEX:ORLA] is 4.54. As well, the Quick Ratio is 3.95, while the Cash Ratio is 3.67. Considering the valuation of this stock, the price to sales ratio is 7.39, the price to book ratio is 4.82 and price to earnings (TTM) ratio is 2005.56.
