▲ +67.36% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Orla Mining in the last 3 months. The average price target is $8.08, with a high forecast of $9.50 and a low forecast of $7.25. The average price target represents a 67.36% upside from the last price of $4.83.
The current consensus among 3 polled investment analysts is to buy stock in Orla Mining.
Orla Mining Ltd., a mineral exploration and development company, acquires, explores, and develops mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interest in the Camino Rojo project that consists of eight concessions covering approximately 160,000 hectares located in Zacatecas, Mexico; and Cerro Quema gold project located in the Azuero Peninsula, Panama. The company also holds an option agreement to acquire 100% interest in the Monitor Gold project covering approximately 2,800 hectares located in Nye County, Nevada. The company was formerly known as Red Mile Minerals Corp. and changed its name to Orla Mining Ltd. in June 2015. Orla Mining Ltd. was incorporated in 2007 and is based in Vancouver, Canada.