What is Desjardins' Estimate for Orla Mining Q1 Earnings?

Orla Mining Ltd. (NYSEAMERICAN:ORLA - Free Report) - Investment analysts at Desjardins issued their Q1 2025 earnings per share estimates for shares of Orla Mining in a research report issued to clients and investors on Tuesday, April 22nd. Desjardins analyst A. Carson expects that the company will post earnings of $0.07 per share for the quarter. The consensus estimate for Orla Mining's current full-year earnings is $0.24 per share.

Several other equities analysts have also issued reports on ORLA. Stifel Canada upgraded Orla Mining to a "strong-buy" rating in a research note on Wednesday, March 19th. TD Cowen started coverage on Orla Mining in a report on Tuesday, February 4th. They issued a "hold" rating for the company. Finally, TD Securities raised Orla Mining to a "hold" rating in a research note on Tuesday, February 4th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $6.13.

Orla Mining Stock Down 1.1 %

NYSEAMERICAN ORLA traded down $0.12 during trading on Thursday, reaching $10.72. The company's stock had a trading volume of 1,069,681 shares, compared to its average volume of 645,477. The business has a 50-day moving average price of $8.87 and a 200-day moving average price of $6.30. Orla Mining has a 1-year low of $3.24 and a 1-year high of $11.95. The stock has a market capitalization of $3.46 billion, a PE ratio of -1,070.93 and a beta of 0.71. The company has a current ratio of 4.54, a quick ratio of 3.95 and a debt-to-equity ratio of 0.12.

Hedge Funds Weigh In On Orla Mining

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. CWA Asset Management Group LLC lifted its holdings in Orla Mining by 20.6% during the fourth quarter. CWA Asset Management Group LLC now owns 1,786,415 shares of the company's stock worth $9,897,000 after acquiring an additional 304,748 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Orla Mining during the fourth quarter worth about $173,000. Barclays PLC lifted its holdings in shares of Orla Mining by 86.5% during the 3rd quarter. Barclays PLC now owns 47,177 shares of the company's stock valued at $189,000 after purchasing an additional 21,877 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Orla Mining by 262.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 284,408 shares of the company's stock valued at $1,138,000 after purchasing an additional 205,911 shares during the period. Finally, Geode Capital Management LLC increased its stake in Orla Mining by 11.9% during the 3rd quarter. Geode Capital Management LLC now owns 114,628 shares of the company's stock worth $463,000 after purchasing an additional 12,159 shares in the last quarter. Institutional investors own 43.04% of the company's stock.

Orla Mining Company Profile

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.