Orla Mining (OLA) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Red Mile Minerals Corp. and changed its name to Orla Mining Ltd. in June 2015. Orla Mining Ltd. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$6.46 to C$6.66
• 50-Day Range: C$5.25 to C$7.11
• 52-Week Range: C$3.53 to C$7.16
• Volume: 180,295 shs
• Average Volume: 451,978 shs
• Market Capitalization: C$2.11 billion
• P/E Ratio: N/A
• Dividend Yield: 18.91%
• Price Target: C$6.56
• Consensus Rating: Moderate Buy

Orla Mining Stock Analysis - MarketRank™

Orla Mining scored higher than 22% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Orla Mining has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Orla Mining has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Orla Mining is -131.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Orla Mining is -131.80, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Orla Mining has a P/B Ratio of 4.61. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for OLA.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Orla Mining is a leading dividend payer. It pays a dividend yield of 18.91%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Orla Mining does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for OLA.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.45

News Sentiment

Orla Mining has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Orla Mining this week, compared to 2 articles on an average week.

MarketBeat Follows

2 people have added Orla Mining to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Orla Mining insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$577,457.00 in company stock.

Percentage Held by Insiders

51.68% of the stock of Orla Mining is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

47.88% of the stock of Orla Mining is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OLA Stock Analysis - Frequently Asked Questions

How have OLA shares performed this year?

Orla Mining's stock was trading at C$4.32 at the beginning of 2024. Since then, OLA shares have increased by 52.5% and is now trading at C$6.59.
View the best growth stocks for 2024 here.

How were Orla Mining's earnings last quarter?

Orla Mining Ltd. (TSE:OLA) released its quarterly earnings results on Monday, August, 12th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.01. The firm earned $115.71 million during the quarter. Orla Mining had a negative trailing twelve-month return on equity of 2.50% and a negative net margin of 4.12%.

How do I buy shares of Orla Mining?

Shares of OLA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Orla Mining own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Orla Mining investors own include Cenovus Energy (CVE), ARC Resources (ARX), Denison Mines (DML), Great Panther Mining (GPR), IsoEnergy (ISO), American Lithium (LI) and Tamarack Valley Energy (TVE).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 11/10/2024
• Next Earnings (Confirmed): 11/13/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: TSE:OLA
• CUSIP: N/A
• CIK: N/A
• Web: www.orlamining.com
• Phone: 604-564-1852
• Fax: N/A
• Employees: 327
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$6.56
• High Stock Price Target: C$8.00
• Low Stock Price Target: C$5.00
• Potential Upside/Downside: -0.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 19.65
• P/E Growth: N/A
• Net Income: C$-11,320,000.00
• Net Margins: -4.12%
• Pretax Margin: N/A
• Return on Equity: -2.50%
• Return on Assets: 4.26%

Debt

• Debt-to-Equity Ratio: 17.76
• Current Ratio: 5.89
• Quick Ratio: 1.22

Sales & Book Value

• Annual Sales: C$275.09 million
• Price / Sales: 7.66
• Cash Flow: C$0.37 per share
• Price / Cash Flow: 17.84
• Book Value: C$1.43 per share
• Price / Book: 4.61

Miscellaneous

• Outstanding Shares: 319,760,000
• Free Float: N/A
• Market Cap: C$2.11 billion
• Optionable: Not Optionable
• Beta: 1.57