FY2024 Earnings Estimate for Orla Mining Issued By Cormark

Orla Mining Ltd. (TSE:OLA) – Analysts at Cormark dropped their FY2024 EPS estimates for Orla Mining in a research report issued on Wednesday, February 26th. Cormark analyst R. Gray now expects that the company will post earnings of $0.36 per share for the year, down from their previous forecast of $0.37. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share. Cormark also issued estimates for Orla Mining’s Q4 2024 earnings at $0.09 EPS, Q4 2024 earnings at $0.09 EPS, FY2024 earnings at $0.36 EPS, FY2025 earnings at $0.85 EPS and FY2025 earnings at $0.85 EPS.

A number of other equities analysts have also recently issued reports on the stock. Desjardins lifted their target price on shares of Orla Mining from C$10.00 to C$12.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Scotiabank lifted their target price on shares of Orla Mining from C$7.75 to C$8.75 in a research report on Wednesday, January 15th. Stifel Nicolaus lifted their target price on shares of Orla Mining from C$8.00 to C$9.75 in a research report on Monday, December 2nd. CIBC lifted their target price on shares of Orla Mining from C$11.00 to C$11.50 in a research report on Wednesday. Finally, TD Securities upgraded shares of Orla Mining to a “hold” rating in a research report on Tuesday, February 4th.

Orla Mining Stock Down 0.2 %

OLA stock opened at C$10.13 on Friday. The company has a market cap of C$2.30 billion, a P/E ratio of 216.52 and a beta of 1.57. Orla Mining has a 52 week low of C$4.42 and a 52 week high of C$10.92. The company’s 50-day moving average price is C$8.97 and its 200 day moving average price is C$7.20. The company has a current ratio of 4.54, a quick ratio of 1.22 and a debt-to-equity ratio of 12.68.

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.