Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from Orla Mining ( (TSE:OLA) ).
Orla Mining announced the resignation of Scott Langley from its Board of Directors, following Newmont Corporation’s sale of its shares in Orla. The company expressed gratitude for Langley’s contributions and the relationship with Newmont, and it welcomes a new group of investors as it continues to grow its business.
The most recent analyst rating on (TSE:OLA) stock is a Hold with a C$15.00 price target. To see the full list of analyst forecasts on Orla Mining stock, see the TSE:OLA Stock Forecast page.
Spark’s Take on TSE:OLA Stock
According to Spark, TipRanks’ AI Analyst, TSE:OLA is a Neutral.
Orla Mining’s overall stock score is driven by strong revenue growth but is hindered by profitability and cash flow challenges. The high P/E ratio suggests overvaluation, and recent operational setbacks contribute to a cautious outlook.
To see Spark’s full report on TSE:OLA stock, click here.
More about Orla Mining
Orla Mining Ltd. is a company focused on acquiring, developing, and operating mineral properties to enhance stakeholder value. It owns three significant projects: the Camino Rojo gold and silver mine in Mexico, the Musselwhite gold mine in Canada, and the South Railroad gold project in Nevada, USA.
Average Trading Volume: 1,029,615
Technical Sentiment Signal: Buy
Current Market Cap: C$4.89B
See more data about OLA stock on TipRanks’ Stock Analysis page.