Why Orla Mining Stock Crushed the Market on Monday

Precious metals extractor Orla Mining (NYSEMKT: ORLA) struck a nugget of gold on Monday, as it reported an encouraging news items about one of its mines. Investors rewarded this by bidding the Canadian company's U.S.-listed shares up by more than 12%, easily beating the S&P 500's (SNPINDEX: ^GSPC) 0.4% gain. Before the opening of the U.S. and Toronto stock markets, Orla announced that it had found gold deposits 1.6 kilometers stretching (1 mile) away from its Musselwhite mine in the northwest of Ontario (Canada's most populous province). Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool