Cormark Issues Negative Forecast for Orla Mining Earnings

Key Points

• Cormark has cut its earnings estimate for Orla Mining's Q3 2025 from $0.20 to $0.10 per share, while the consensus estimate for the full year is $0.24 per share.
• Despite the negative earnings revision, CIBC has maintained an "outperform" rating on Orla Mining's stock, which currently holds a consensus rating of "Buy" with a target price of $14.50.
• Institutional investors have increased their stakes in Orla Mining, with FMR LLC growing its position by 17.3% and other firms also significantly boosting their holdings in recent quarters.

Orla Mining Ltd. (NYSEAMERICAN:ORLA - Free Report) - Equities research analysts at Cormark lowered their Q3 2025 earnings per share (EPS) estimates for shares of Orla Mining in a research note issued to investors on Wednesday, August 6th. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.10 per share for the quarter, down from their prior estimate of $0.20. The consensus estimate for Orla Mining's current full-year earnings is $0.24 per share. Cormark also issued estimates for Orla Mining's FY2025 earnings at $0.48 EPS and FY2026 earnings at $0.61 EPS.

Separately, CIBC restated an "outperform" rating on shares of Orla Mining in a report on Tuesday, July 15th. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Orla Mining presently has a consensus rating of "Buy" and a consensus price target of $14.50.

Orla Mining Price Performance

Shares of Orla Mining stock traded down $0.61 during trading on Friday, hitting $9.70. The stock had a trading volume of 1,767,229 shares, compared to its average volume of 1,333,250. The firm has a market cap of $3.15 billion, a price-to-earnings ratio of -966.70 and a beta of 0.34. Orla Mining has a 12 month low of $3.56 and a 12 month high of $12.83. The business's 50-day moving average is $10.68 and its 200 day moving average is $9.12. The company has a current ratio of 0.81, a quick ratio of 0.62 and a debt-to-equity ratio of 0.92.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. FMR LLC boosted its position in Orla Mining by 17.3% in the 4th quarter. FMR LLC now owns 24,065,292 shares of the company's stock valued at $133,264,000 after buying an additional 3,553,481 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its position in Orla Mining by 119.8% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,843,000 shares of the company's stock valued at $35,898,000 after buying an additional 2,094,800 shares during the period. Amundi boosted its position in Orla Mining by 49.9% in the 1st quarter. Amundi now owns 3,711,381 shares of the company's stock valued at $35,147,000 after buying an additional 1,235,692 shares during the period. CWA Asset Management Group LLC boosted its position in Orla Mining by 63.3% in the 1st quarter. CWA Asset Management Group LLC now owns 2,918,040 shares of the company's stock valued at $27,284,000 after buying an additional 1,131,625 shares during the period. Finally, Fiera Capital Corp purchased a new stake in shares of Orla Mining during the 2nd quarter worth $6,594,000. Hedge funds and other institutional investors own 43.04% of the company's stock.

About Orla Mining

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.