Desjardins Estimates Orla Mining's FY2027 Earnings (TSE:OLA)

Key Points

• Desjardins has raised its FY2027 earnings estimates for Orla Mining to $1.52 per share, up from a previous estimate of $1.39.
• The consensus rating for Orla Mining's stock is currently "Buy," with an average price target of C$14.75.
• Insider activity saw notable share sales, with a total of 50,462 shares sold by company insiders in the last ninety days, indicating strong ownership at 51.68% by insiders.

Orla Mining Ltd. (TSE:OLA - Free Report) - Equities research analysts at Desjardins boosted their FY2027 earnings estimates for Orla Mining in a research report issued on Tuesday, August 12th. Desjardins analyst A. Carson now anticipates that the company will post earnings per share of $1.52 for the year, up from their previous estimate of $1.39. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share.

Several other brokerages have also weighed in on OLA. Royal Bank Of Canada increased their target price on shares of Orla Mining from C$15.00 to C$18.00 in a research note on Wednesday, June 4th. Stifel Nicolaus lowered 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 research note on Wednesday, August 6th. Finally, CIBC raised their price objective on shares of Orla Mining from C$16.25 to C$18.50 in a research note on Thursday, April 17th. 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. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of C$14.75.

Orla Mining Trading Up 1.2%

Shares of OLA stock opened at C$13.65 on Wednesday. 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 has a market cap of C$3.09 billion, a PE ratio of 291.76 and a beta of 1.57. The company has a 50-day moving average of C$14.58 and a two-hundred day moving average of C$13.23. Orla Mining has a 1-year low of C$5.02 and a 1-year high of C$17.45.

Insider Activity at Orla Mining

In other Orla Mining news, Senior Officer Etienne Morin sold 10,000 shares of the business's stock in a transaction 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 David Andrew Stephens sold 7,500 shares of the business's stock in a transaction on Monday, June 16th. The shares were sold at an average price of C$15.47, for a total transaction of C$116,025.75. Insiders sold a total of 50,462 shares of company stock worth $781,286 in the last ninety days. Company insiders own 51.68% of the company's stock.

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.

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