Cormark Has Pessimistic Outlook of Orla Mining Q2 Earnings

Orla Mining Ltd. (TSE:OLA - Free Report) - Equities research analysts at Cormark reduced their Q2 2025 earnings per share (EPS) estimates for shares of Orla Mining in a report issued on Tuesday, April 15th. Cormark analyst R. Gray now anticipates that the company will earn $0.24 per share for the quarter, down from their previous forecast of $0.26. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share.

OLA has been the subject of a number of other research reports. Stifel Nicolaus set a C$15.50 price target on Orla Mining and gave the company a "buy" rating in a research note on Wednesday, March 19th. CIBC boosted their price target on shares of Orla Mining from C$16.25 to C$18.50 in a report on Thursday. Royal Bank of Canada raised their price target on shares of Orla Mining from C$13.00 to C$15.00 in a research note on Friday, April 4th. Stifel Canada raised Orla Mining to a "strong-buy" rating in a report on Wednesday, March 19th. Finally, BMO Capital Markets boosted their target price on Orla Mining from C$12.50 to C$14.50 in a research note on Thursday, March 20th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of C$12.84.

Orla Mining Trading Up 2.2 %

Shares of OLA stock traded up C$0.34 during trading hours on Wednesday, hitting C$15.95. 292,135 shares of the company were exchanged, compared to its average volume of 636,658. The company has a 50 day simple moving average of C$12.08 and a two-hundred day simple moving average of C$9.07. Orla Mining has a fifty-two week low of C$4.60 and a fifty-two week high of C$16.53. The firm has a market cap of C$3.61 billion, a P/E ratio of 340.92 and a beta of 1.57. The company has a debt-to-equity ratio of 12.68, a quick ratio of 1.22 and a current ratio of 4.54.

Insider Transactions at Orla Mining

In related news, Senior Officer Paul Schmidt sold 50,000 shares of the stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of C$13.19, for a total transaction of C$659,660.00. Also, Director Jean Robitaille sold 200,000 shares of Orla Mining stock in a transaction on Thursday, March 27th. The stock was sold at an average price of C$13.25, for a total transaction of C$2,650,000.00. In the last ninety days, insiders sold 385,399 shares of company stock valued at $5,067,805. Insiders own 51.68% of the company's stock.

About Orla Mining

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.