Brokers Issue Forecasts for Orla Mining FY2025 Earnings

Orla Mining Ltd. (TSE:OLA - Free Report) - Stock analysts at Stifel Canada increased their FY2025 earnings per share estimates for Orla Mining in a research note issued to investors on Monday, July 21st. Stifel Canada analyst I. Rico now expects that the company will post earnings per share of $1.10 for the year, up from their previous forecast of $0.97. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share. Stifel Canada also issued estimates for Orla Mining's FY2026 earnings at $1.30 EPS.

Other equities research analysts have also recently issued research reports about the company. Royal Bank Of Canada raised their price objective on Orla Mining from C$15.00 to C$18.00 in a report on Wednesday, June 4th. Stifel Nicolaus increased their target price on Orla Mining from C$15.50 to C$19.00 in a research report on Monday, April 21st. Finally, CIBC increased their target price on Orla Mining from C$16.25 to C$18.50 in a research report on Thursday, April 17th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of C$14.82.

Orla Mining Trading Up 4.2%

Shares of OLA stock traded up C$0.57 during mid-day trading on Wednesday, hitting C$14.29. 1,399,535 shares of the company's stock were exchanged, compared to its average volume of 631,077. Orla Mining has a fifty-two week low of C$4.60 and a fifty-two week high of C$17.45. The stock has a 50-day simple moving average of C$14.72 and a two-hundred day simple moving average of C$12.77. The company has a quick ratio of 1.22, a current ratio of 4.54 and a debt-to-equity ratio of 12.68. The stock has a market cap of C$3.24 billion, a price-to-earnings ratio of 305.44 and a beta of 1.57.

Insider Buying and Selling

In other Orla Mining news, Senior Officer Etienne Morin sold 10,000 shares of the firm's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of C$15.51, for a total value of C$155,064.00. Also, Senior Officer Sylvain Guerard sold 15,000 shares of the firm's stock in a transaction dated Monday, June 16th. The shares were sold at an average price of C$15.98, for a total value of C$239,668.50. Over the last three months, insiders sold 50,462 shares of company stock valued at $781,286. 51.68% of the stock is owned by company 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.