Cormark Issues Optimistic Estimate for Orla Mining Earnings

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Cormark lifted their Q1 2025 earnings per share estimates for Orla Mining in a report released on Tuesday, April 15th. Cormark analyst R. Gray now expects that the company will post earnings of $0.09 per share for the quarter, up from their previous estimate of $0.01. The consensus estimate for Orla Mining’s current full-year earnings is $0.24 per share. Cormark also issued estimates for Orla Mining’s FY2025 earnings at $0.61 EPS and FY2026 earnings at $0.80 EPS.

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

Orla Mining Trading Down 1.1 %

Shares of ORLA stock opened at $11.27 on Thursday. Orla Mining has a fifty-two week low of $3.24 and a fifty-two week high of $11.71. The firm has a market capitalization of $3.63 billion, a P/E ratio of -1,125.87 and a beta of 0.71. The stock’s fifty day moving average is $8.37 and its two-hundred day moving average is $6.10. The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.95 and a current ratio of 4.54.

Institutional Trading of Orla Mining

Several hedge funds have recently made changes to their positions in the company. Ritholtz Wealth Management acquired a new position in Orla Mining in the first quarter valued at approximately $164,000. Baldwin Wealth Partners LLC MA raised its position in Orla Mining by 11.4% in the first quarter. Baldwin Wealth Partners LLC MA now owns 15,600 shares of the company’s stock valued at $146,000 after purchasing an additional 1,600 shares during the period. Mackenzie Financial Corp raised its position in Orla Mining by 17.2% in the fourth quarter. Mackenzie Financial Corp now owns 145,765 shares of the company’s stock valued at $806,000 after purchasing an additional 21,353 shares during the period. Two Sigma Advisers LP acquired a new position in shares of Orla Mining in the 4th quarter valued at $84,000. Finally, Two Sigma Investments LP grew its holdings in shares of Orla Mining by 453.8% during the 4th quarter. Two Sigma Investments LP now owns 360,170 shares of the company’s stock worth $1,995,000 after purchasing an additional 295,133 shares during the period. 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.