RBC Capital Initiates Coverage On Orla Mining with Outperform Rating, Announces Price Target of C$6
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Michael Siperco has initiated coverage on Orla Mining with an Outperform rating and set a price target of C$6. Orla Mining is listed on the Toronto Stock Exchange under the symbol OLA.
December 15, 2023 | 6:26 pm
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POSITIVE IMPACT
RBC Capital has initiated coverage on Orla Mining with an Outperform rating and a price target of C$6, which could positively influence investor sentiment and the stock's performance.
Analyst coverage, especially with an Outperform rating, typically generates positive investor sentiment and can lead to an increase in stock price. The announcement of a price target above current market price suggests an expectation of growth, which may attract investors.
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