What is Cormark’s Forecast for Orla Mining FY2026 Earnings?

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Research analysts at Cormark lowered their FY2026 earnings per share (EPS) estimates for Orla Mining in a note issued to investors on Thursday, March 20th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.74 for the year, down from their prior forecast of $0.90. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share.

A number of other equities analysts also recently weighed in on ORLA. Scotiabank raised shares of Orla Mining from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, November 27th. TD Securities upgraded Orla Mining to a “hold” rating in a report on Tuesday, February 4th. Stifel Canada upgraded shares of Orla Mining to a “strong-buy” rating in a research report on Wednesday, March 19th. Finally, TD Cowen started coverage on shares of Orla Mining in a report on Tuesday, February 4th. They set a “hold” rating on the stock. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $6.13.

Orla Mining Stock Performance

NYSEAMERICAN:ORLA opened at $9.03 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.54 and a quick ratio of 3.95. Orla Mining has a fifty-two week low of $3.24 and a fifty-two week high of $9.62. The firm’s 50 day moving average price is $6.90. The firm has a market cap of $2.91 billion, a P/E ratio of -902.10 and a beta of 0.71.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. CWA Asset Management Group LLC lifted its holdings in Orla Mining by 20.6% during the fourth quarter. CWA Asset Management Group LLC now owns 1,786,415 shares of the company’s stock worth $9,897,000 after acquiring an additional 304,748 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Orla Mining by 67.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 296,097 shares of the company’s stock worth $1,192,000 after buying an additional 118,961 shares during the last quarter. Barclays PLC grew its position in Orla Mining by 86.5% during the third quarter. Barclays PLC now owns 47,177 shares of the company’s stock valued at $189,000 after buying an additional 21,877 shares during the period. JPMorgan Chase & Co. raised its position in Orla Mining by 262.3% in the third quarter. JPMorgan Chase & Co. now owns 284,408 shares of the company’s stock worth $1,138,000 after acquiring an additional 205,911 shares during the period. Finally, Geode Capital Management LLC boosted its stake in Orla Mining by 11.9% in the third quarter. Geode Capital Management LLC now owns 114,628 shares of the company’s stock valued at $463,000 after acquiring an additional 12,159 shares during the last quarter. Hedge funds and other institutional investors own 43.04% of the company’s stock.

Orla Mining Company Profile

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.