Q1 Earnings Forecast for Orla Mining Issued By Desjardins

Orla Mining Ltd. (TSE:OLA - Free Report) - Investment analysts at Desjardins issued their Q1 2025 earnings per share estimates for shares of Orla Mining in a research report issued to clients and investors on Tuesday, April 22nd. Desjardins analyst A. Carson forecasts that the company will post earnings per share of $0.10 for the quarter. Desjardins has a "Buy" rating and a $13.00 price target on the stock. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share.

Several other research analysts also recently weighed in on the company. Cormark lifted their target price on Orla Mining from C$10.00 to C$12.00 in a research note on Thursday, March 20th. Stifel Nicolaus lifted their target price on Orla Mining from C$15.50 to C$19.00 in a research note on Monday, April 21st. Scotiabank lifted their target price on Orla Mining from C$7.75 to C$8.75 in a research note on Wednesday, January 15th. BMO Capital Markets lifted their target price on Orla Mining from C$12.50 to C$14.50 in a research note on Thursday, March 20th. Finally, CIBC lifted their target price on Orla Mining from C$16.25 to C$18.50 in a research note on Thursday, April 17th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Orla Mining currently has a consensus rating of "Buy" and a consensus target price of C$13.28.

Orla Mining Stock Performance

Shares of OLA stock traded down C$0.26 during midday trading on Thursday, hitting C$14.60. The company had a trading volume of 113,869 shares, compared to its average volume of 623,112. The company's 50 day simple moving average is C$12.70 and its 200 day simple moving average is C$9.46. Orla Mining has a 52-week low of C$4.60 and a 52-week high of C$16.53. The stock has a market cap of C$3.31 billion, a price-to-earnings ratio of 312.06 and a beta of 1.57. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22.

Insider Buying and Selling

In other news, Director Charles A. Jeannes sold 15,023 shares of the business's stock in a transaction on Friday, March 21st. The stock was sold at an average price of C$12.86, for a total value of C$193,257.37. Also, Director Jean Robitaille sold 42,906 shares of the business's stock in a transaction on Monday, March 24th. The stock was sold at an average price of C$13.00, for a total value of C$557,778.00. Over the last ninety days, insiders sold 385,399 shares of company stock valued at $5,067,805. 51.68% of the stock is owned by insiders.

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.