Brokers Set Expectations for Orla Mining FY2025 Earnings

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Stock analysts at Stifel Canada increased their FY2025 earnings per share estimates for Orla Mining in a research note issued to investors on Monday, April 21st. Stifel Canada analyst I. Rico now expects that the company will post earnings per share of $0.70 for the year, up from their previous forecast of $0.61. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share.

A number of other research firms also recently commented on ORLA. TD Securities upgraded Orla Mining to a “hold” rating in a report on Tuesday, February 4th. TD Cowen began coverage on shares of Orla Mining in a research note on Tuesday, February 4th. They issued a “hold” rating for the company. Two analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $6.13.

Orla Mining Trading Down 3.7 %

NYSEAMERICAN ORLA opened at $11.08 on Tuesday. Orla Mining has a 12 month low of $3.24 and a 12 month high of $11.95. 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 company has a 50-day moving average of $8.64 and a 200-day moving average of $6.20. The company has a market cap of $3.57 billion, a P/E ratio of -1,106.89 and a beta of 0.71.

Institutional Trading of Orla Mining

Several institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC raised its position in shares of Orla Mining by 7.8% during the 3rd quarter. Jane Street Group LLC now owns 212,002 shares of the company’s stock worth $853,000 after purchasing an additional 15,404 shares during the period. Barclays PLC boosted its stake 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 in the last quarter. Geode Capital Management LLC grew its stake in shares of 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 last quarter. Sanctuary Advisors LLC acquired a new position in Orla Mining in the third quarter worth approximately $90,000. Finally, JPMorgan Chase & Co. raised its position in shares of Orla Mining by 262.3% during the third quarter. JPMorgan Chase & Co. now owns 284,408 shares of the company’s stock worth $1,138,000 after purchasing an additional 205,911 shares during the period. Institutional investors and hedge funds own 43.04% of the company’s stock.

About Orla Mining

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.