TD Securities Boosts Orla Mining (CVE:OLA) Price Target to C$3.25

Orla Mining (CVE:OLA) had its price target hoisted by TD Securities from C$3.00 to C$3.25 in a research note released on Tuesday, BayStreet.CA reports. The brokerage currently has a speculative buy rating on the stock.

Several other equities research analysts have also commented on the stock. Scotiabank upped their price target on shares of Orla Mining from C$2.25 to C$2.75 and gave the company a sector perform rating in a report on Tuesday. Cormark upped their price target on shares of Orla Mining from C$3.10 to C$3.15 in a report on Friday, December 20th. Finally, CIBC upped their price target on shares of Orla Mining from C$2.20 to C$2.50 in a report on Tuesday, January 28th.

Orla Mining has a 1-year low of C$1.08 and a 1-year high of C$1.43. The company has a debt-to-equity ratio of 1.29, a current ratio of 13.32 and a quick ratio of 13.00.

About Orla Mining

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.

Further Reading: What is the Quick Ratio?

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