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Scotiabank Issues Positive Forecast for Orla Mining Earnings

Orla Mining logo with Basic Materials background

Orla Mining Ltd. (TSE:OLA - Free Report) - Equities research analysts at Scotiabank upped their FY2025 EPS estimates for shares of Orla Mining in a note issued to investors on Wednesday, January 8th. Scotiabank analyst O. Habib now forecasts that the company will earn $0.53 per share for the year, up from their previous estimate of $0.34. Scotiabank has a "Outperform" rating and a $7.75 price objective on the stock. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share. Scotiabank also issued estimates for Orla Mining's FY2026 earnings at $0.73 EPS.

OLA has been the topic of several other reports. Stifel Nicolaus upped their price objective on Orla Mining from C$8.00 to C$9.75 in a research report on Monday, December 2nd. Desjardins upgraded shares of Orla Mining to a "moderate buy" rating in a research note on Thursday, October 31st. Finally, CIBC raised their target price on shares of Orla Mining from C$8.50 to C$9.25 in a report on Tuesday, December 17th.

Check Out Our Latest Analysis on OLA

Orla Mining Stock Down 7.1 %

Shares of TSE OLA traded down C$0.60 on Monday, reaching C$7.88. 349,924 shares of the company's stock traded hands, compared to its average volume of 558,997. The business's 50 day simple moving average is C$7.26 and its two-hundred day simple moving average is C$6.22. The company has a market cap of C$2.52 billion, a price-to-earnings ratio of -157.60 and a beta of 1.57. Orla Mining has a 12 month low of C$4.07 and a 12 month high of C$8.67. The company has a quick ratio of 1.22, a current ratio of 5.89 and a debt-to-equity ratio of 17.76.

Orla Mining Company Profile

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Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 138,636 hectares located in Zacatecas, Mexico; Cerro Quema project totaling an area of 15,000 hectares located in the Azuero Peninsula, Panama; and the South Railroad project consisting of an area of 21,000 hectares located in Elko, Nevada.

Further Reading

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

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