FY2025 Earnings Forecast for Orla Mining Issued By Cormark

Key Points

• Cormark has raised its FY2025 EPS estimate for Orla Mining from $0.66 to $0.73, with expectations for further growth to $0.85 in FY2026 and $0.99 in FY2027.
• Orla Mining currently has a consensus rating of "Buy" among analysts, with a price target averaging C$14.75, despite some recent adjustments to target prices by various firms.
• Insider activity has seen significant stock sales, with company insiders selling around 50,462 shares valued at $781,286 over the past three months, indicating notable transactions from key executives.

Orla Mining Ltd. (TSE:OLA - Free Report) - Equities researchers at Cormark boosted their FY2025 EPS estimates for shares of Orla Mining in a research report issued on Wednesday, August 13th. Cormark analyst R. Gray now anticipates that the company will earn $0.73 per share for the year, up from their prior forecast of $0.66. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share. Cormark also issued estimates for Orla Mining's FY2026 earnings at $0.85 EPS and FY2027 earnings at $0.99 EPS.

OLA has been the subject of several other reports. Royal Bank Of Canada raised their price objective on shares of Orla Mining from C$15.00 to C$18.00 in a report on Wednesday, June 4th. Stifel Nicolaus cut their price objective on shares of Orla Mining from C$19.00 to C$18.50 and set a "buy" rating for the company in a report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of C$14.75.

Orla Mining Stock Performance

OLA traded up C$0.32 on Friday, hitting C$13.43. The company's stock had a trading volume of 659,003 shares, compared to its average volume of 651,324. The company's 50 day simple moving average is C$14.39 and its 200-day simple moving average is C$13.40. The firm has a market cap of C$3.04 billion, a P/E ratio of 287.06 and a beta of 1.57. Orla Mining has a 12 month low of C$5.24 and a 12 month high of C$17.45. The company has a quick ratio of 1.22, a current ratio of 4.54 and a debt-to-equity ratio of 12.68.

Insider Activity

In other Orla Mining news, Senior Officer Etienne Morin sold 10,000 shares of the stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of C$15.51, for a total value of C$155,064.00. Also, Director Timothy Quentin Haldane sold 17,962 shares of the stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of C$15.06, for a total transaction of C$270,527.48. Over the last 90 days, insiders have sold 50,462 shares of company stock valued at $781,286. 51.68% of the stock is owned by company insiders.

About Orla Mining

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.