Ready to Jump After Recent Trade: Orla Mining Ltd (ORLA)

With 1.02 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.72 million shares. The 52-week range on ORLA shows that it touched its highest point at $7.62 and its lowest point at $3.24 during that stretch. Beta for the stock currently stands at 1.35.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ORLA was up-trending over the past week, with a rise of 1.01%, but this was up by 13.23% over a month. Three-month performance surged to 57.75% while six-month performance rose 66.35%. The stock gained 117.34% in the past year, while it has gained 26.71% so far this year.

Float and Shares Shorts:

At present, 320.87 million ORLA shares are outstanding with a float of 210.73 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ORLA since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.40641 being high and $0.34389 being low. For ORLA, this leads to a yearly average estimate of $0.35952. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.

Summary of Insider Activity:

Insiders traded ORLA stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.