Orla Mining Ltd. (TSE:OLA - Free Report) - Investment analysts at Cormark lifted their FY2024 earnings per share estimates for shares of Orla Mining in a note issued to investors on Friday, January 17th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.37 per share for the year, up from their prior estimate of $0.35. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share. Cormark also issued estimates for Orla Mining's Q4 2024 earnings at $0.12 EPS.
A number of other equities research analysts have also recently commented on the stock. Scotiabank raised their price objective on shares of Orla Mining from C$7.75 to C$8.75 in a research note on Wednesday, January 15th. Desjardins upgraded shares of Orla Mining to a "moderate buy" rating in a research report on Thursday, October 31st. CIBC raised their target price on Orla Mining from C$8.50 to C$9.25 in a research report on Tuesday, December 17th. Finally, Stifel Nicolaus lifted their price target on Orla Mining from C$8.00 to C$9.75 in a research note on Monday, December 2nd.
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Orla Mining Stock Performance
Orla Mining stock traded up C$0.06 during midday trading on Monday, hitting C$8.40. 103,571 shares of the company were exchanged, compared to its average volume of 463,628. Orla Mining has a fifty-two week low of C$4.30 and a fifty-two week high of C$8.67. The firm has a market capitalization of C$2.69 billion, a PE ratio of -168.00 and a beta of 1.57. The business has a fifty day simple moving average of C$7.39 and a two-hundred day simple moving average of C$6.31. The company has a debt-to-equity ratio of 17.76, a quick ratio of 1.22 and a current ratio of 5.89.
Orla Mining Company Profile
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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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