Cormark Issues Negative Estimate for Orla Mining Earnings

Orla Mining Ltd. (TSE:OLA - Free Report) - Equities research analysts at Cormark lowered their Q2 2025 earnings per share estimates for Orla Mining in a report released on Wednesday, April 2nd. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.26 for the quarter, down from their prior estimate of $0.27. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share. Cormark also issued estimates for Orla Mining's Q2 2025 earnings at $0.26 EPS, FY2025 earnings at $0.76 EPS and FY2025 earnings at $0.76 EPS.

Several other brokerages have also commented on OLA. CIBC upped their target price on Orla Mining from C$13.75 to C$16.25 and gave the company an "outperform" rating in a research report on Wednesday, April 2nd. TD Securities upgraded shares of Orla Mining to a "hold" rating in a report on Tuesday, February 4th. BMO Capital Markets increased their price target on Orla Mining from C$12.50 to C$14.50 in a research report on Thursday, March 20th. Desjardins lifted their price target on Orla Mining from C$12.00 to C$13.00 and gave the stock a "buy" rating in a report on Wednesday, March 19th. Finally, Stifel Canada raised shares of Orla Mining to a "strong-buy" rating in a report on Wednesday, March 19th. One research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of C$12.56.

Orla Mining Trading Up 6.1 %

TSE OLA traded up C$0.72 during trading hours on Friday, reaching C$12.56. The company's stock had a trading volume of 307,332 shares, compared to its average volume of 618,945. The stock has a market cap of C$2.85 billion, a P/E ratio of 268.46 and a beta of 1.57. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22. Orla Mining has a 52 week low of C$4.60 and a 52 week high of C$13.79. The firm has a fifty day simple moving average of C$11.16 and a 200-day simple moving average of C$8.51.

Insider Transactions at Orla Mining

In other Orla Mining news, Director Charles A. Jeannes sold 15,023 shares of Orla Mining stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of C$12.86, for a total transaction of C$193,257.37. Also, Senior Officer Etienne Morin sold 77,470 shares of the firm's stock in a transaction on Monday, March 24th. The shares were sold at an average price of C$13.00, for a total value of C$1,007,110.00. Over the last 90 days, insiders have sold 385,399 shares of company stock worth $5,067,805. Insiders own 51.68% of the company's stock.

Orla Mining Company Profile

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.