Orla Mining Ltd. (CVE:OLA) Director Jason Douglas Simpson Sells 91,200 Shares

Orla Mining Ltd. (CVE:OLAGet Rating) Director Jason Douglas Simpson sold 91,200 shares of Orla Mining stock in a transaction that occurred on Friday, April 8th. The shares were sold at an average price of C$6.23, for a total value of C$568,385.76. Following the completion of the sale, the director now directly owns 1,220,836 shares in the company, valued at approximately C$7,608,616.20.

Jason Douglas Simpson also recently made the following trade(s):

  • On Wednesday, April 13th, Jason Douglas Simpson sold 343,600 shares of Orla Mining stock. The shares were sold at an average price of C$6.26, for a total value of C$2,152,482.20.
  • On Monday, April 11th, Jason Douglas Simpson sold 81,700 shares of Orla Mining stock. The shares were sold at an average price of C$6.18, for a total transaction of C$504,889.66.

OLA stock opened at C$1.40 on Friday. The firm has a 50 day moving average of C$1.40 and a 200-day moving average of C$1.40. Orla Mining Ltd. has a 12-month low of C$1.08 and a 12-month high of C$1.85. The company has a current ratio of 13.32, a quick ratio of 13.00 and a debt-to-equity ratio of 1.29. The company has a market cap of C$250.90 million and a price-to-earnings ratio of -22.95.

A number of equities research analysts have recently issued reports on the stock. Scotiabank reduced their price target on shares of Orla Mining from C$7.25 to C$6.75 in a research report on Tuesday, January 11th. TD Securities lifted their price target on shares of Orla Mining from C$7.00 to C$8.00 and gave the company a “buy” rating in a research report on Friday, March 25th.

About Orla Mining (Get Rating)

Orla Mining Ltd. operates as a mineral exploration company. The company explores for gold, silver, and copper deposits. It holds 100% interests in the Cerro Quema project with three concessions that cover an area of 14,833 hectares located on the Azuero Peninsula. The company was formerly known as Red Mile Minerals Corp.

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