Orla Mining Ltd. (TSE:OLA - Free Report) - Stock analysts at Cormark lowered their Q1 2025 earnings estimates for shares of Orla Mining in a report issued on Wednesday, April 2nd. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.01 for the quarter, down from their prior forecast of $0.10. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share.
Several other research analysts also recently commented on OLA. BMO Capital Markets boosted their target price on Orla Mining from C$12.50 to C$14.50 in a report on Thursday, March 20th. TD Securities upgraded Orla Mining to a "hold" rating in a report on Tuesday, February 4th. Scotiabank raised their target price on Orla Mining from C$7.75 to C$8.75 in a research note on Wednesday, January 15th. Stifel Canada upgraded shares of Orla Mining to a "strong-buy" rating in a research report on Wednesday, March 19th. Finally, Stifel Nicolaus set a C$15.50 price objective on shares of Orla Mining and gave the stock a "buy" rating in a report on Wednesday, March 19th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of C$12.56.
Check Out Our Latest Analysis on OLA
Orla Mining Price Performance
Orla Mining stock traded up C$0.99 during trading hours on Monday, hitting C$14.79. 718,529 shares of the stock were exchanged, compared to its average volume of 630,694. The stock has a market capitalization of C$3.35 billion, a P/E ratio of 316.13 and a beta of 1.57. The business's 50-day moving average is C$11.53 and its two-hundred day moving average is C$8.69. The company has a debt-to-equity ratio of 12.68, a quick ratio of 1.22 and a current ratio of 4.54. Orla Mining has a 12 month low of C$4.60 and a 12 month high of C$14.96.
Insider Activity
In other Orla Mining news, Senior Officer Etienne Morin sold 77,470 shares of Orla Mining stock in a transaction on Monday, March 24th. The shares were sold at an average price of C$13.00, for a total transaction of C$1,007,110.00. Also, Director Charles A. Jeannes sold 15,023 shares of the company's stock in a transaction on Friday, March 21st. The shares were sold at an average price of C$12.86, for a total transaction of C$193,257.37. Insiders have sold 385,399 shares of company stock valued at $5,067,805 over the last 90 days. 51.68% of the stock is owned by company insiders.
About Orla Mining
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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.
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