Orla Mining Ltd.

Orla Mining Ltd.verified

OLA.TO

Price:

$5.25

Market Cap:

$1.24B

Orla Mining Ltd. acquires, explores for, and develops mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 163,129 hectares located in Zacatecas, Mexico; and Cerro Quema project totaling an area of 14,800 hectares located in the Azuero Peninsula, Panama. 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 headquartered in Vancouver, Canada.[Read more]

Industry

Gold

IPO Date

2017-02-09

Stock Exchange

TSX

Ticker

OLA.TO

The Current Ratio as of September 2024 (TTM) for Orla Mining Ltd. (OLA.TO) is 5.89

According to Orla Mining Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 5.89. This represents a change of 20.63% compared to the average of 4.89 of the last 4 quarters.

Orla Mining Ltd. (OLA.TO) Historical Current Ratio (quarterly & annually)

How has OLA.TO Current Ratio performed in the past?

The mean historical Current Ratio of Orla Mining Ltd. over the last ten years is 4.71. The current 5.89 Current Ratio has changed 12.42% with respect to the historical average. Over the past ten years (40 quarters), OLA.TO's Current Ratio was at its highest in in the March 2017 quarter at 14.82. The Current Ratio was at its lowest in in the September 2014 quarter at 0.01.

Quarterly (TTM)
Annual

Average

4.71

Median

3.93

Minimum

0.01

Maximum

9.90

Orla Mining Ltd. (OLA.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Orla Mining Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 17.87%

Maximum Annual Current Ratio = 9.90

Minimum Annual Increase = -92.51%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20235.07272.81%
20221.366.15%
20211.28-86.47%
20209.46-3.14%
20199.77106.89%
20184.7250.91%
20173.13-68.40%
20169.90314.86%
20152.3917.87%
20140.01-92.51%

Orla Mining Ltd. (OLA.TO) Average Current Ratio

How has OLA.TO Current Ratio performed in the past?

The current Current Ratio of Orla Mining Ltd. (OLA.TO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.57

5-year avg

5.39

10-year avg

4.71

Orla Mining Ltd. (OLA.TO) Current Ratio vs. Peers

How is OLA.TO’s Current Ratio compared to its peers?

Orla Mining Ltd.’s Current Ratio is greater than SilverCrest Metals Inc. (5.87), greater than Victoria Gold Corp. (2.15), greater than K92 Mining Inc. (2.95), greater than Marathon Gold Corporation (1.68), less than Prime Mining Corp. (17.38),

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