Cormark Has Negative Estimate for Orla Mining Q1 Earnings

Orla Mining Ltd. (TSE:OLA) – Equities researchers at Cormark reduced their Q1 2025 earnings estimates for Orla Mining in a research report issued on Wednesday, April 2nd. Cormark analyst R. Gray now expects that the company will earn $0.01 per share for the quarter, down from their previous estimate of $0.10. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share.

Other equities research analysts also recently issued research reports about the company. BMO Capital Markets boosted their price target on Orla Mining from C$12.50 to C$14.50 in a research report on Thursday, March 20th. TD Securities upgraded Orla Mining to a “hold” rating in a report on Tuesday, February 4th. Desjardins increased their target price on shares of Orla Mining from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research report on Wednesday, March 19th. Scotiabank lifted their price target on shares of Orla Mining from C$7.75 to C$8.75 in a research report on Wednesday, January 15th. Finally, Stifel Nicolaus set a C$15.50 price target on shares of Orla Mining and gave the stock a “buy” rating in a research report on Wednesday, March 19th. One analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of C$12.56.

Orla Mining Trading Down 0.3 %

OLA stock opened at C$11.72 on Monday. The company has a quick ratio of 1.22, a current ratio of 4.54 and a debt-to-equity ratio of 12.68. The company has a market cap of C$2.66 billion, a price-to-earnings ratio of 250.51 and a beta of 1.57. The business has a fifty day simple moving average of C$11.03 and a 200-day simple moving average of C$8.42. Orla Mining has a 52 week low of C$4.60 and a 52 week high of C$13.79.

Insider Activity at Orla Mining

In related news, Senior Officer Paul Schmidt sold 50,000 shares of the stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of C$13.19, for a total value of C$659,660.00. Also, Senior Officer Etienne Morin sold 77,470 shares of Orla Mining stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of C$13.00, for a total value of C$1,007,110.00. In the last three months, insiders sold 385,399 shares of company stock valued at $5,067,805. 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.