Orla Mining Ltd (Symbol: ORLA) recently saw its shares rise above the average analyst 12-month target price of $11.99, trading at $12.35 per share. This price movement invites analysts to either downgrade the stock on valuation or adjust their target prices upward. The average target is shaped by contributions from multiple analysts, with targets ranging from $10.50 to $13.68, and a standard deviation of $1.323.
Currently, there are four strong buy ratings, two buy ratings, and two hold ratings for ORLA, maintaining an average rating of 1.75 on a scale where 1 is Strong Buy and 5 is Strong Sell. No analysts currently hold sell or strong sell ratings on the stock. This analysis, supported by Zacks Investment Research, highlights investor opportunities following the recent price movements.
