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

Orla Mining Ltd. (CVE:OLA – Get Rating) Director Jason Douglas Simpson sold 91,200 shares of the business’s stock in a transaction on Friday, April 8th. The shares were sold at an average price of C$6.23, for a total transaction of C$568,385.76. Following the sale, the director now owns 1,220,836 shares of the company’s stock, valued at 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 transaction 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.

Shares of OLA stock opened at C$1.40 on Monday. Orla Mining Ltd. has a 52-week low of C$1.08 and a 52-week high of C$1.85. The company has a debt-to-equity ratio of 1.29, a current ratio of 13.32 and a quick ratio of 13.00. The stock has a market cap of C$250.90 million and a price-to-earnings ratio of -22.95. The business has a fifty day simple moving average of C$1.40.

Several equities research analysts have recently commented on OLA shares. TD Securities upped their price objective on Orla Mining from C$7.00 to C$8.00 and gave the stock a “buy” rating in a research note on Friday, March 25th. Scotiabank reduced their price objective on Orla Mining from C$7.25 to C$6.75 in a research note on Tuesday, January 11th.

Orla Mining Company Profile (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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