Scotiabank Has Weak Forecast for Orla Mining FY2026 Earnings

Key Points

• Scotiabank cut its FY2026 EPS forecast for Orla Mining to $1.38 (from $1.44) while maintaining an "Outperform" rating and projecting FY2027 EPS of $1.40; the market consensus for FY2026 is $1.56.
• Analyst coverage is skewed positive—one Strong Buy, five Buy and one Hold—giving Orla a consensus rating of Buy and an average price target of $27.00.
• Orla shares opened at $14.38 with a market cap of $4.97 billion, a P/E of 55.31 and a one‑year trading range of $8.50–$21.98; institutional investors own about 43.04% of the stock.

Orla Mining Ltd. (NYSEAMERICAN:ORLA - Free Report) - Equities research analysts at Scotiabank lowered their FY2026 EPS estimates for shares of Orla Mining in a report issued on Thursday, April 23rd. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $1.38 for the year, down from their prior forecast of $1.44. Scotiabank currently has a "Outperform" rating on the stock. The consensus estimate for Orla Mining's current full-year earnings is $1.56 per share. Scotiabank also issued estimates for Orla Mining's FY2027 earnings at $1.40 EPS.

ORLA has been the subject of several other reports. BMO Capital Markets reaffirmed an "outperform" rating on shares of Orla Mining in a research note on Monday, January 26th. ATB Cormark Capital Markets raised Orla Mining from a "hold" rating to a "moderate buy" rating in a research report on Monday, February 23rd. National Bank Financial started coverage on Orla Mining in a research report on Monday, January 12th. They issued an "outperform" rating on the stock. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating on shares of Orla Mining in a research report on Wednesday, February 4th. Finally, Zacks Research lowered Orla Mining from a "strong-buy" rating to a "hold" rating in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Orla Mining has a consensus rating of "Buy" and an average price target of $27.00.

Orla Mining Stock Down 1.4%

ORLA stock opened at $14.38 on Tuesday. The stock has a market capitalization of $4.97 billion, a P/E ratio of 55.31 and a beta of 0.37. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.92 and a current ratio of 1.08. Orla Mining has a one year low of $8.50 and a one year high of $21.98. The company has a 50 day moving average price of $16.93 and a two-hundred day moving average price of $14.79.

Hedge Funds Weigh In On Orla Mining

Institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd acquired a new position in Orla Mining in the 4th quarter worth $29,000. CIBC Private Wealth Group LLC acquired a new position in Orla Mining in the 3rd quarter worth $27,000. SBI Securities Co. Ltd. lifted its holdings in Orla Mining by 67.9% in the 4th quarter. SBI Securities Co. Ltd. now owns 4,672 shares of the company's stock worth $63,000 after buying an additional 1,889 shares in the last quarter. TD Waterhouse Canada Inc. lifted its holdings in Orla Mining by 197.0% in the 4th quarter. TD Waterhouse Canada Inc. now owns 5,313 shares of the company's stock worth $71,000 after buying an additional 3,524 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new position in Orla Mining in the 3rd quarter worth $58,000. Institutional investors and hedge funds own 43.04% of the company's stock.

About Orla Mining

Orla Mining is a Canada-based mineral exploration and development company focused on advancing gold and silver projects in the Americas. Its flagship asset is the Cerro Quema oxide gold-silver project in Panama, where the company holds approximately 13,000 hectares of mineral concessions. Through feasibility studies and pilot plant testing, Orla has demonstrated the potential of heap leach processing at Cerro Quema, positioning the asset for transition into construction and production phases.

In addition to Cerro Quema, Orla Mining expanded its portfolio in early 2023 with the acquisition of the Gold Springs project located along the Utah–Nevada border in the United States.

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