Orla Mining Ltd (AMEX: ORLA) is 164.80% higher on its value in year-to-date trading and has touched a low of $3.24 and a high of $12.43 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ORLA stock was last observed hovering at around $11.25 in the last trading session, with the day’s loss setting it -9.61%.
Currently trading at $1.64M, the stock is -5.20% and -2.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.41 million and changing 2405572% at the moment leaves the stock 47.46% off its SMA200. ORLA registered 87.36% gain for a year compared to 6-month gain of 88.73%. The firm has a 50-day simple moving average (SMA 50) of $10.652 and a 200-day simple moving average (SMA200) of $7.0392.
The stock witnessed a 1.57% loss in the last 1 month and extending the period to 3 months gives it a 17.42%, and is -5.03% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.02% over the week and 4.30% over the month.
Orla Mining Ltd (ORLA) has around 354 employees, a market worth around $3.37B and $417.31M in sales. Current P/E ratio is 17300.00. Profit margin for the company is 0.40%. Distance from 52-week low is 220.37% and -16.49% from its 52-week high. The company has generated returns on investments over the last 12 months (0.20%).
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Orla Mining Ltd (ORLA) Top Institutional Holders
205.0 institutions hold shares in Orla Mining Ltd (ORLA), with institutional investors hold 82.66% of the company’s shares. The shares outstanding are 323.67M, and float is at 213.72M with Short Float at 2.16%. Institutions hold 54.66% of the Float.
The top institutional shareholder in the company is FAIRFAX FINANCIAL HOLDINGS LTD/ CAN with over 55.66 million shares valued at $213.13 million. The investor’s holdings represent 17.5016% of the ORLA Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 20.8 million shares valued at $79.81 million to account for 6.5398 of the shares outstanding. The other top investors are FIRST EAGLE INVESTMENT MANAGEMENT, LLC which holds 8.1 million shares representing 2.5468% and valued at over $31.08 million, while VAN ECK ASSOCIATES CORP holds 2.4476 of the shares totaling 7.78 million with a market value of $29.89 million.
