Desjardins Issues Negative Estimate for Orla Mining Earnings

Key Points

• Desjardins has reduced Orla Mining's FY2026 earnings per share estimate from $1.68 to $1.65, while the consensus estimate stands at $0.34 per share for the current year.
• Various research firms have adjusted their target prices for Orla Mining, with Royal Bank of Canada increasing it to C$26.00 and CIBC raising theirs to C$27.00.
• Orla Mining's stock is currently trading at C$15.17, with a market cap of C$4.94 billion and a P/E ratio of 216.71.

Orla Mining Ltd. (TSE:OLA - Free Report) - Desjardins decreased their FY2026 earnings per share estimates for Orla Mining in a report released on Monday, October 20th. Desjardins analyst A. Carson now anticipates that the company will post earnings per share of $1.65 for the year, down from their prior estimate of $1.68. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share. Desjardins also issued estimates for Orla Mining's FY2027 earnings at $1.20 EPS.

A number of other research firms have also issued reports on OLA. Royal Bank Of Canada increased their target price on Orla Mining from C$23.00 to C$26.00 in a research note on Monday. CIBC increased their target price on Orla Mining from C$25.00 to C$27.00 in a research note on Monday. Finally, Stifel Nicolaus lowered their target price on 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. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Buy" and an average target price of C$17.11.

Orla Mining Price Performance

OLA stock opened at C$15.17 on Wednesday. The company has a debt-to-equity ratio of 12.68, a quick ratio of 1.22 and a current ratio of 4.54. Orla Mining has a 1 year low of C$5.36 and a 1 year high of C$19.50. The firm has a market cap of C$4.94 billion, a P/E ratio of 216.71 and a beta of 0.02. The stock has a 50-day simple moving average of C$15.36 and a 200-day simple moving average of C$14.76.

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.

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