Orla Mining Ltd (ORLA) Stock: What Does the Chart Say Monday?

Orla Mining Ltd (ORLA) stock is up 2.65% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Orla Mining Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ORLA!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With ORLA Stock Today?

Orla Mining Ltd (ORLA) stock is trading at $3.48 as of 10:39 AM on Monday, Oct 23, a decline of -$0.05, or -1.42% from the previous closing price of $3.53. The stock has traded between $3.33 and $3.60 so far today. Volume today is 366,785 compared to average volume of 406,455. To screen for more stocks like Orla Mining Ltd click here.

More About Orla Mining Ltd

Orla Mining Ltd is a mineral exploration company. It is engaged in the acquisition and exploration of mineral properties. The company holds two gold projects; the Camino Rojo gold and silver project in Zacatecas State, Mexico, and the Cerro Quema gold project in Panama. It conducts business activities in the geographic areas of Mexico, Panama, the United States, and Canada. Click Here to get the full Stock Report for Orla Mining Ltd stock.