Cormark Has Bullish Estimate for Orla Mining FY2025 Earnings

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) - Analysts at Cormark raised their FY2025 earnings per share estimates for shares of Orla Mining in a report issued on Wednesday, August 13th. Cormark analyst R. Gray now expects that the company will post earnings of $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.

A number of other equities analysts have also recently commented on OLA. Royal Bank Of Canada lifted their target price on Orla Mining from C$15.00 to C$18.00 in a report on Wednesday, June 4th. Stifel Nicolaus dropped their target price on 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 hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of C$14.75.

Orla Mining Trading Up 2.4%

Shares of Orla Mining stock traded up C$0.33 on Friday, reaching C$13.96. The company had a trading volume of 388,400 shares, compared to its average volume of 650,352. The firm has a market cap of C$3.16 billion, a price-to-earnings ratio of 298.38 and a beta of 1.57. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22. The firm's 50-day moving average price is C$14.41 and its two-hundred day moving average price is C$13.40. Orla Mining has a 1 year low of C$5.24 and a 1 year high of C$17.45.

Insiders Place Their Bets

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

Orla Mining Company Profile

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.