Cormark Issues Pessimistic Estimate for Orla Mining Earnings

Orla Mining Ltd. (TSE:OLA) – Equities research analysts at Cormark lowered their FY2026 EPS estimates for Orla Mining in a research report issued to clients and investors on Thursday, March 20th. Cormark analyst R. Gray now expects that the company will earn $1.06 per share for the year, down from their previous estimate of $1.30. The consensus estimate for Orla Mining’s current full-year earnings is $0.34 per share.

Several other research firms have also recently commented on OLA. Stifel Nicolaus set a C$15.50 price target on Orla Mining and gave the stock a “buy” rating in a research note on Wednesday, March 19th. Scotiabank upped their price objective on shares of Orla Mining from C$7.75 to C$8.75 in a research report on Wednesday, January 15th. BMO Capital Markets raised their target price on shares of Orla Mining from C$12.50 to C$14.50 in a research note on Thursday, March 20th. Desjardins boosted their price target on shares of Orla Mining from C$12.00 to C$13.00 and gave the stock a “buy” rating in a research note on Wednesday, March 19th. Finally, CIBC raised their price objective on shares of Orla Mining from C$11.50 to C$13.75 and gave the company an “outperform” rating in a research report on Wednesday, March 19th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Orla Mining presently has a consensus rating of “Buy” and a consensus price target of C$11.86.

Orla Mining Stock Up 1.7 %

OLA opened at C$12.93 on Monday. Orla Mining has a 52 week low of C$4.60 and a 52 week high of C$13.76. The business has a 50 day moving average price of C$10.12 and a two-hundred day moving average price of C$7.90. The company has a quick ratio of 1.22, a current ratio of 4.54 and a debt-to-equity ratio of 12.68. The company has a market cap of C$2.93 billion, a PE ratio of 276.37 and a beta of 1.57.

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.