FY2027 EPS Estimates for Orla Mining Increased by Desjardins

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) - Research analysts at Desjardins upped their FY2027 EPS estimates for Orla Mining in a research report issued on Tuesday, August 12th. Desjardins analyst A. Carson now forecasts that the company will post earnings per share of $1.52 for the year, up from their prior forecast of $1.39. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share.

OLA has been the topic of a number of other reports. Stifel Nicolaus lowered their price objective on shares of Orla Mining from C$19.00 to C$18.50 and set a "buy" rating on the stock in a report on Wednesday, August 6th. Royal Bank Of Canada upped their price target on shares of Orla Mining from C$15.00 to C$18.00 in a research note on Wednesday, June 4th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, Orla Mining has a consensus rating of "Buy" and a consensus target price of C$14.75.

Orla Mining Stock Up 2.4%

Shares of TSE OLA traded up C$0.33 during midday trading on Wednesday, reaching C$13.96. The company's stock had a trading volume of 388,400 shares, compared to its average volume of 650,352. The company has a current ratio of 4.54, a quick ratio of 1.22 and a debt-to-equity ratio of 12.68. Orla Mining has a fifty-two week low of C$5.24 and a fifty-two week high of C$17.45. The stock has a market capitalization of C$3.16 billion, a price-to-earnings ratio of 298.38 and a beta of 1.57. The stock has a 50 day simple moving average of C$14.43 and a 200-day simple moving average of C$13.36.

Insider Activity at Orla Mining

In other Orla Mining news, Senior Officer Sylvain Guerard sold 15,000 shares of the firm's stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of C$15.98, for a total transaction of C$239,668.50. Also, Director David Andrew Stephens sold 7,500 shares of the firm's stock in a transaction that occurred on Monday, June 16th. The stock was 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 over the last three months. 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.