FY2025 EPS Estimates for Orla Mining Decreased by Desjardins

Key Points

• Desjardins has lowered its FY2025 EPS estimates for Orla Mining, forecasting earnings at $0.61 per share, down from $0.76.
• CIBC has reaffirmed an "outperform" rating for Orla Mining, which has a consensus rating of "Buy" and an average target price of $14.50.
• Shares of Orla Mining currently trade at $9.91, with a market cap of $3.22 billion and a debt-to-equity ratio of 0.92.

Orla Mining Ltd. (NYSEAMERICAN:ORLA - Free Report) - Desjardins decreased their FY2025 earnings per share estimates for Orla Mining in a report released on Tuesday, August 12th. Desjardins analyst A. Carson now expects that the company will post earnings of $0.61 per share for the year, down from their previous estimate of $0.76. The consensus estimate for Orla Mining's current full-year earnings is $0.24 per share. Desjardins also issued estimates for Orla Mining's FY2026 earnings at $0.95 EPS.

Separately, CIBC reaffirmed an "outperform" rating on shares of Orla Mining in a research report on Tuesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Orla Mining presently has an average rating of "Buy" and an average price target of $14.50.

Orla Mining Stock Down 5.3%

NYSEAMERICAN ORLA traded down $0.53 during trading hours on Thursday, hitting $9.54. 439,879 shares of the company were exchanged, compared to its average volume of 1,328,016. Orla Mining has a 52-week low of $3.81 and a 52-week high of $12.83. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 191.34 and a beta of 0.34. The company has a quick ratio of 0.66, a current ratio of 0.85 and a debt-to-equity ratio of 0.76. The company has a 50 day moving average of $10.53 and a two-hundred day moving average of $9.30.

Institutional Trading of Orla Mining

Several institutional investors and hedge funds have recently bought and sold shares of the company. Salem Investment Counselors Inc. bought a new stake in Orla Mining in the 2nd quarter worth $30,000. IFP Advisors Inc lifted its stake in shares of Orla Mining by 191.6% in the second quarter. IFP Advisors Inc now owns 3,981 shares of the company's stock worth $40,000 after buying an additional 2,616 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in shares of Orla Mining by 50.0% during the second quarter. TD Waterhouse Canada Inc. now owns 5,368 shares of the company's stock valued at $53,000 after purchasing an additional 1,789 shares during the last quarter. Mariner LLC purchased a new stake in Orla Mining during the fourth quarter valued at approximately $58,000. Finally, Scotia Capital Inc. purchased a new stake in Orla Mining during the fourth quarter valued at approximately $67,000. 43.04% of the stock is currently owned by hedge funds and other institutional investors.

About Orla Mining

Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties. The company explores for gold, silver, zinc, lead, and copper deposits. It owns 100% interests in the Camino Rojo project that consists of seven concessions covering an area of 138,636 hectares located in Zacatecas, Mexico; Cerro Quema project totaling an area of 15,000 hectares located in the Azuero Peninsula, Panama; and the South Railroad project consisting of an area of 21,000 hectares located in Elko, Nevada.