ORLA Stock Summary and Trading Ideas (Orla Mining Ltd. Common Shares | AMEX:ORLA)

Orla Mining Ltd is a mineral exploration company. It is engaged in the acquisition and exploration of mineral properties. The company holds three gold projects; the Camino Rojo gold and silver project in Zacatecas State, Mexico, and the South Railroad and Lewis gold projects in Nevada, USA, and the Cerro Quema gold project in Panama. It conducts business activities in Mexico, Panama, the United States, and Canada.

Orla Mining Ltd. Common Shares trades on the AMEX stock market under the symbol ORLA.

As of February 7, 2025, ORLA stock price climbed to $7.16 with 453,432 million shares trading.

ORLA has a beta of 1.48, meaning it tends to be more sensitive to market movements. ORLA has a correlation of 0.17 to the broad based SPY ETF.

ORLA has a market cap of $2.30 billion. This is considered a Mid Cap stock.

In the last 3 years, ORLA traded as high as $7.27 and as low as $2.30.

The top ETF exchange traded funds that ORLA belongs to (by Net Assets): GDXJ, GOEX, DFIC, DFAI, DFSI.

ORLA has outperformed the market in the last year with a price return of +102.8% while the SPY ETF gained +23.6%. ORLA has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +55.7% and +20.7%, respectively, while the SPY returned +2.4% and -1.1%, respectively.

ORLA support price is $6.86 and resistance is $7.32 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ORLA shares will trade within this expected range on the day.