Cormark Has Positive Forecast for Orla Mining Q1 Earnings

Orla Mining Ltd. (TSE:OLA) – Analysts at Cormark increased their Q1 2025 EPS estimates for Orla Mining in a research note issued to investors on Tuesday, April 15th. Cormark analyst R. Gray now expects that the company will post earnings of $0.13 per share for the quarter, up from their previous forecast of $0.01. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share. Cormark also issued estimates for Orla Mining’s FY2025 earnings at $0.87 EPS and FY2026 earnings at $1.14 EPS.

A number of other research analysts also recently weighed in on OLA. CIBC raised their price objective on Orla Mining from C$16.25 to C$18.50 in a research note on Thursday. Desjardins lifted their price target on shares of Orla Mining from C$12.00 to C$13.00 and gave the company a “buy” rating in a research report on Wednesday, March 19th. BMO Capital Markets boosted their price objective on shares of Orla Mining from C$12.50 to C$14.50 in a research note on Thursday, March 20th. Stifel Canada upgraded shares of Orla Mining to a “strong-buy” rating in a research note on Wednesday, March 19th. Finally, TD Securities raised shares of Orla Mining to a “hold” rating in a research report on Tuesday, February 4th. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$12.84.

Orla Mining Price Performance

TSE OLA opened at C$15.61 on Thursday. Orla Mining has a fifty-two week low of C$4.60 and a fifty-two week high of C$16.30. The stock’s 50-day moving average is C$11.96 and its two-hundred day moving average is C$8.95. The firm has a market cap of C$3.54 billion, a P/E ratio of 333.65 and a beta of 1.57. The company has a debt-to-equity ratio of 12.68, a current ratio of 4.54 and a quick ratio of 1.22.

Insider Activity at Orla Mining

In other Orla Mining news, Director Charles A. Jeannes sold 15,023 shares of the firm’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of C$12.86, for a total value of C$193,257.37. Also, Director Jean Robitaille sold 200,000 shares of Orla Mining stock in a transaction that occurred on Thursday, March 27th. The stock was sold at an average price of C$13.25, for a total value of C$2,650,000.00. Insiders sold a total of 385,399 shares of company stock worth $5,067,805 in the last ninety days. 51.68% of the stock is currently owned by insiders.

About Orla Mining

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.