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Stock impact report

Orla Mining (ORLA) Climbs 25% on Record-Breaking Gold Production [Yahoo! Finance]

Orla Mining Ltd. Common Shares (ORLA) 
Company Research Source: Yahoo! Finance
Orla Mining grew its share prices by 25 percent week-on-week to hit a new all-time high, rallying alongside its counterparts after gold prices surged to a fresh peak and announcements of a record-breaking gold production performance last year. In Friday's trading alone, Orla Mining Ltd. (NYSEAmerican:ORLA) jumped to its highest price of $18.50 before paring gains to finish the session just up by 5.91 percent at $18.45 apiece. Photo from Orla Mining website This followed gold's climb to the $4,900 level—a new record high, as precious metals, which are typically treated as safe assets, continued to attract investor interest amid ongoing geopolitical tensions and trade uncertainties between the US and its neighboring countries. Sentiment was further supported by news earlier in the week that it exceeded its total production target last year, ending at 300,620 ounces versus its guidance of 265,000 to 285,000 ounces. In the same year, Orla Mining Ltd. (NYSEAmerican:ORLA) sold as Show less Read more
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