What is Cormark’s Forecast for Orla Mining Q1 Earnings?

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Stock analysts at Cormark decreased their Q1 2025 earnings estimates for shares of Orla Mining in a research report issued to clients and investors on Wednesday, April 2nd. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.07. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share.

ORLA has been the subject of several other research reports. TD Securities upgraded Orla Mining to a “hold” rating in a research report on Tuesday, February 4th. Stifel Canada upgraded Orla Mining to a “strong-buy” rating in a research report on Wednesday, March 19th. Finally, TD Cowen initiated coverage on Orla Mining in a research report on Tuesday, February 4th. They issued a “hold” rating on the stock. Two analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $6.13.

Orla Mining Trading Up 0.2 %

ORLA stock opened at $8.23 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. The stock’s 50 day moving average is $7.57. The firm has a market capitalization of $2.65 billion, a P/E ratio of -822.18 and a beta of 0.71. Orla Mining has a twelve month low of $3.24 and a twelve month high of $9.65.

Institutional Trading of Orla Mining

A number of large investors have recently added to or reduced their stakes in ORLA. CWA Asset Management Group LLC lifted its stake 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 valued at $9,897,000 after buying an additional 304,748 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of Orla Mining by 67.2% during the third quarter. The Manufacturers Life Insurance Company now owns 296,097 shares of the company’s stock valued at $1,192,000 after acquiring an additional 118,961 shares during the period. Barclays PLC lifted its position in shares of Orla Mining by 86.5% in the 3rd quarter. Barclays PLC now owns 47,177 shares of the company’s stock valued at $189,000 after acquiring an additional 21,877 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Orla Mining by 262.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 284,408 shares of the company’s stock valued at $1,138,000 after acquiring an additional 205,911 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Orla Mining by 11.9% in the 3rd quarter. Geode Capital Management LLC now owns 114,628 shares of the company’s stock worth $463,000 after purchasing an additional 12,159 shares during the period. 43.04% of the stock is currently owned by institutional investors.

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.