Scotiabank Issues Negative Forecast for Orla Mining Earnings

Key Points

• Scotiabank cut its FY2026 EPS estimate for Orla Mining to $1.89 from $1.97, while the consensus estimate for the current full year remains much lower at $0.34 per share.
• Several other analysts have raised targets and ratings—Desjardins, CIBC, BMO, National Bank Financial and ATB Cormark moved targets higher or upgraded the stock—leaving a consensus "Buy" rating and a consensus target price of C$31.06.
• Orla shares trade well below that target (opened C$19.62), with a market cap of C$6.67 billion, a P/E of 65.40, and recent quarterly EPS of C$0.58 on C$506 million in revenue.

Orla Mining Ltd. (TSE:OLA - Free Report) - Stock analysts at Scotiabank reduced their FY2026 EPS estimates for shares of Orla Mining in a research report issued on Thursday, April 23rd. Scotiabank analyst O. Habib now expects that the company will post earnings per share of $1.89 for the year, down from their previous estimate of $1.97. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share.

Other research analysts also recently issued research reports about the company. National Bank Financial upped their price objective on Orla Mining from C$27.00 to C$29.00 and gave the company an "outperform" rating in a research note on Thursday, January 22nd. Desjardins set a C$35.00 target price on Orla Mining and gave the stock a "buy" rating in a research note on Thursday, April 23rd. Canadian Imperial Bank of Commerce boosted their price target on shares of Orla Mining from C$27.00 to C$32.00 in a report on Wednesday, February 4th. BMO Capital Markets increased their price target on shares of Orla Mining from C$22.00 to C$30.00 in a research report on Monday, January 26th. Finally, ATB Cormark Capital Markets upgraded shares of Orla Mining from a "hold" rating to a "moderate buy" rating and raised their price objective for the stock from C$25.00 to C$35.00 in a report on Monday, February 23rd. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Orla Mining presently has a consensus rating of "Buy" and a consensus target price of C$31.06.

Orla Mining Stock Performance

Shares of OLA opened at C$19.62 on Tuesday. The stock has a 50 day moving average of C$23.24 and a 200 day moving average of C$20.40. The company has a market capitalization of C$6.67 billion, a price-to-earnings ratio of 65.40 and a beta of 1.40. Orla Mining has a 12 month low of C$11.86 and a 12 month high of C$29.99. The company has a current ratio of 1.08, a quick ratio of 1.22 and a debt-to-equity ratio of 55.82.

Orla Mining (TSE:OLA - Get Free Report) last announced its earnings results on Thursday, March 19th. The company reported C$0.58 earnings per share for the quarter. The firm had revenue of C$506.00 million for the quarter. Orla Mining had a return on equity of 22.94% and a net margin of 11.44%.

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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