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Cormark Analysts Boost Earnings Estimates for Orla Mining

Orla Mining logo with Basic Materials background

Orla Mining Ltd. (TSE:OLA - Free Report) - Equities research analysts at Cormark boosted their Q1 2025 earnings estimates for Orla Mining in a note issued to investors on Tuesday, April 15th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.13 per share for the quarter, up from their prior forecast of $0.01. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share. Cormark also issued estimates for Orla Mining's FY2025 earnings at $0.87 EPS and FY2026 earnings at $1.14 EPS.

A number of other research analysts also recently issued reports on OLA. Stifel Nicolaus raised their price target on Orla Mining from C$15.50 to C$19.00 in a research note on Monday. TD Securities raised Orla Mining to a "hold" rating in a research report on Tuesday, February 4th. BMO Capital Markets upped their price target on Orla Mining from C$12.50 to C$14.50 in a research note on Thursday, March 20th. Desjardins boosted their price objective on shares of Orla Mining from C$12.00 to C$13.00 and gave the company a "buy" rating in a research note 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 equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of C$13.28.

Check Out Our Latest Stock Report on OLA

Orla Mining Stock Down 0.9 %

Shares of OLA traded down C$0.14 during mid-day trading on Thursday, reaching C$15.80. The company's stock had a trading volume of 213,998 shares, compared to its average volume of 634,006. The stock has a market cap of C$3.58 billion, a PE ratio of 337.71 and a beta of 1.57. Orla Mining has a 12-month low of C$4.60 and a 12-month high of C$16.53. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22. The company's 50 day moving average is C$12.20 and its 200 day moving average is C$9.14.

Insider Activity

In related news, Senior Officer Etienne Morin sold 77,470 shares of the firm's stock in a transaction that occurred 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. Also, Director Charles A. Jeannes sold 15,023 shares of the company's 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. Insiders have sold 385,399 shares of company stock worth $5,067,805 over the last three months. 51.68% of the stock is currently owned by corporate 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.

See Also

Earnings History and Estimates for Orla Mining (TSE:OLA)

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