Orla Mining Ltd. (NYSEAMERICAN:ORLA) to Post FY2025 Earnings of $0.09 Per Share, Cormark Forecasts

Orla Mining Ltd. (NYSEAMERICAN:ORLA) – Research analysts at Cormark lifted their FY2025 EPS estimates for shares of Orla Mining in a research note issued on Thursday, March 21st. Cormark analyst R. Gray now expects that the company will post earnings of $0.09 per share for the year, up from their prior estimate of $0.08. The consensus estimate for Orla Mining’s current full-year earnings is $0.10 per share.

Orla Mining (NYSEAMERICAN:ORLA) last announced its quarterly earnings results on Tuesday, March 19th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.01 by $0.04. The business had revenue of $62.95 million for the quarter. Orla Mining had a negative net margin of 11.56% and a positive return on equity of 11.09%.

Separately, Royal Bank of Canada assumed coverage on shares of Orla Mining in a report on Friday, December 15th. They set an “outperform” rating on the stock.

Orla Mining Stock Performance

Shares of NYSEAMERICAN ORLA opened at $3.52 on Monday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 4.04 and a current ratio of 5.07. The stock has a market cap of $1.11 billion, a PE ratio of -39.11 and a beta of 0.85. Orla Mining has a 12-month low of $2.60 and a 12-month high of $5.02.

Institutional Investors Weigh In On Orla Mining

A number of hedge funds and other institutional investors have recently bought and sold shares of ORLA. Mackenzie Financial Corp increased its stake in shares of Orla Mining by 2.5% in the fourth quarter. Mackenzie Financial Corp now owns 100,852 shares of the company’s stock worth $408,000 after acquiring an additional 2,447 shares during the period. HighTower Advisors LLC grew its position in Orla Mining by 6.1% during the first quarter. HighTower Advisors LLC now owns 71,180 shares of the company’s stock valued at $337,000 after buying an additional 4,072 shares during the period. Credit Suisse AG grew its position in Orla Mining by 5.2% during the second quarter. Credit Suisse AG now owns 111,484 shares of the company’s stock valued at $393,000 after buying an additional 5,556 shares during the period. Rathbones Group PLC grew its position in shares of Orla Mining by 37.4% in the fourth quarter. Rathbones Group PLC now owns 20,950 shares of the company’s stock valued at $69,000 after purchasing an additional 5,700 shares during the period. Finally, CIBC Asset Management Inc grew its position in shares of Orla Mining by 2.5% in the fourth quarter. CIBC Asset Management Inc now owns 236,826 shares of the company’s stock valued at $775,000 after purchasing an additional 5,771 shares during the period. Hedge funds and other institutional investors own 43.04% of the company’s stock.

About Orla Mining

Orla Mining Ltd. acquires, explores, operates, and develops 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; and Cerro Quema project totaling an area of 14,893 hectares located in the Azuero Peninsula, Panama.