Cormark Has Negative Forecast for Orla Mining Q2 Earnings

Orla Mining Ltd. (TSE:OLA) – Equities researchers at Cormark lowered their Q2 2025 earnings per share (EPS) estimates for shares of Orla Mining in a research report issued on Tuesday, April 15th. Cormark analyst R. Gray now expects that the company will post earnings of $0.24 per share for the quarter, down from their prior forecast of $0.26. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share.

OLA has been the topic of several other research reports. Stifel Nicolaus set a C$15.50 target price on shares of Orla Mining and gave the company a “buy” rating in a report on Wednesday, March 19th. Scotiabank boosted their target price on Orla Mining from C$7.75 to C$8.75 in a research note on Wednesday, January 15th. Stifel Canada upgraded Orla Mining to a “strong-buy” rating in a research report on Wednesday, March 19th. CIBC boosted their price objective on Orla Mining from C$16.25 to C$18.50 in a research report on Thursday. Finally, TD Securities upgraded shares of Orla Mining to a “hold” rating in a report on Tuesday, February 4th. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$12.84.

Orla Mining Trading Down 1.1 %

OLA stock opened at C$15.61 on Wednesday. The company has a market capitalization of C$3.54 billion, a PE ratio of 333.65 and a beta of 1.57. The company has a debt-to-equity ratio of 12.68, a quick ratio of 1.22 and a current ratio of 4.54. Orla Mining has a one year low of C$4.60 and a one year high of C$16.30. The company’s 50 day moving average price is C$11.96 and its two-hundred day moving average price is C$8.95.

Insider Buying and Selling at Orla Mining

In other Orla Mining news, Director Jean Robitaille sold 200,000 shares of the stock in a transaction 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. Also, Director Charles A. Jeannes sold 15,023 shares of the business’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of C$12.86, for a total transaction of C$193,257.37. In the last ninety days, insiders have sold 385,399 shares of company stock valued at $5,067,805. 51.68% of the stock is currently owned by company 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.