Brokers Offer Predictions for Orla Mining FY2027 Earnings

Key Points

• Stifel Canada has reduced its earnings per share (EPS) estimate for Orla Mining for FY2027 from $1.34 to $1.32, while the consensus estimate for the current full-year earnings is $0.34 per share.
• Orla Mining's stock recently traded at C$14.41, with a market cap of C$3.27 billion and a PE ratio of 308.00, reflecting significant market interest.
• Insider trading activity includes Director David Andrew Stephens and Senior Officer Sylvain Guerard selling a total of 22,500 shares recently, suggesting a notable pattern of insider selling.

Orla Mining Ltd. (TSE:OLA - Free Report) - Equities research analysts at Stifel Canada reduced their FY2027 EPS estimates for Orla Mining in a research note issued to investors on Tuesday, August 5th. Stifel Canada analyst I. Rico now forecasts that the company will post earnings of $1.32 per share for the year, down from their prior estimate of $1.34. The consensus estimate for Orla Mining's current full-year earnings is $0.34 per share.

Several other analysts also recently issued reports on the company. Royal Bank Of Canada upped their price objective on Orla Mining from C$15.00 to C$18.00 in a research report on Wednesday, June 4th. CIBC boosted their price objective on shares of Orla Mining from C$16.25 to C$18.50 in a research report on Thursday, April 17th. Finally, Stifel Nicolaus lowered their target price on shares of Orla Mining from C$19.00 to C$18.50 and set a "buy" rating for the company in a report on Wednesday, August 6th. One 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 company. According to data from MarketBeat, Orla Mining has an average rating of "Buy" and an average price target of C$14.75.

Orla Mining Stock Up 2.7%

Shares of TSE OLA traded up C$0.37 during mid-day trading on Thursday, reaching C$14.27. The company had a trading volume of 283,851 shares, compared to its average volume of 640,775. The stock has a market cap of C$3.23 billion, a P/E ratio of 305.01 and a beta of 1.57. Orla Mining has a 52-week low of C$4.79 and a 52-week high of C$17.45. The firm has a 50 day simple moving average of C$14.63 and a two-hundred day simple moving average of C$13.19. The company has a current ratio of 4.54, a quick ratio of 1.22 and a debt-to-equity ratio of 12.68.

Insider Buying and Selling at Orla Mining

In other news, Senior Officer Etienne Morin sold 10,000 shares of the firm's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of C$15.51, for a total value of C$155,064.00. Also, Director David Andrew Stephens sold 7,500 shares of the stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of C$15.47, for a total value of C$116,025.75. In the last quarter, insiders have sold 50,462 shares of company stock valued at $781,286. Corporate insiders own 51.68% of the company's stock.

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.